Stock Market Analyst Rajat K Bose has suggested the investors to sell Reliance Petroleum as there are full chances of a downward trend in this stock.
If the stock fell below Rs 195, it may see more weakness.
There is also news that global energy major Chevron Corporation may exit Reliance Petroleum (RPL) by selling its 5% stake to Reliance Industries.
Recently, Reliance Industries undertook divestment of 4% stake in RPL for more than Rs 40.23 billion. Presently, Reliance Industries` stake in RPL stands at around 71%.
Stock analyst Rajat K Bose has strongly recommended ‘Cinemax India’ for intraday trading on Tuesday (27 Nov).
Investors wish to earn profit from this stock, can buy it on declines with a stop loss below Rs 121.50 for target of Rs 133.
Mr. Rajat also told that investors should not hold this stock for medium or long term as it is very risky to keep it for future. Buy it, make decent profit and sell it. This is the real mantra for this stock. Don’t buy it on upper levels.
Stock Analyst E Mathew has suggested that Binani Cement can be purchased on declines to achieve a short term target of Rs 130. The stock has seen a decent rise in recent trading sessions.
In today’s trading session, the stock has gained 3.8% at Rs 116.95 up till now. But interested investors should wait for sometime.
If the stock follows the uptrend for the whole day, leave it and forward your decision to next trading session. If the stock falls, buy it as much as you can. It will provide you good returns.
Indiabulls has suggested investors to buy INOX Leisure for short term.
Stock Market Analyst Rajat K Bose has suggested the investors to sell Reliance Petroleum as there are full chances of a downward trend in this stock.
Stock analyst Rajat K Bose has strongly recommended ‘Cinemax India’ for intraday trading on Tuesday (27 Nov).
Stock Analyst E Mathew has suggested that Binani Cement can be purchased on declines to achieve a short term target of Rs 130. The stock has seen a decent rise in recent trading sessions.
