Stock Markets

Stock Markets opened higher on Tuesday; Selling pressure at higher levels

Reliance, ONGC and Banking Stocks dragged Sensex down by 726 points

BSE Sensex down by 655 points; NSE Nifty sinks 3.7 percent

Short Term Buy Call For Hind Oil Exploration Company

Stock market Hind Oil Exploration Companyanalyst Ashwani Gujral has suggested investors to purchase Hind Oil stock to achieve a short-term target of Rs 132.

According to him, the stock can be purchased on declines with a stop loss of Rs 94.

Mr. Gujral also said that the investors can achieve the target within a period of 3-4 weeks. So, the investors are advised not to sell this stock before achieving this price target.

Petronet LNG Buy Call

Stock market Petronet LNG Ltd.expert Ashwani Gujral has suggested that Petronet LNG stock can be purchased by day traders in today’s trading session around Rs 70 for achieving an intraday target of Rs 78.

If the stock markets remain on positive track, the next intraday target for the day is above Rs 83. The stop loss for the day is Rs 63.

After gaining Rs 5.10, the shares of the company ended positively at Rs 70.15, on Friday, on the Bombay Stock Exchange (BSE). Current EPS and P/E ratio of the stock stood at 6.14 and 11.42 respectively. The share price has seen a 52-week high of Rs 121.9 and a low of Rs 41.15 on BSE.

Financial Technologies Intraday Buy Call

As per views of stock analyst Rajat K Bose, the day traders can buy Financial Technologies, as it is a brilliant option for intraday dealings.

According to Mr. Rajat, day traders can purchase Financial Technologies stock around Rs 1650 to achieve a target of Rs 1715. If the stock market remains positive, the next target for the day will be above Rs 1750. For intraday trading the stop loss is Rs 1610.

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