Buy or Sell Stock: Indian stock markets closed on Monday over the concerns of weak capex announcements in the Union Budget and the concerns of the US President’s tariff announcements. Business Partner. The Nifty closed at 23,361.05 points as compared to the previous market compared to about 23,482.15 points.
The BSE Sensex decreased by 0.41% at 77,186.74 points after Monday’s market session, compared to 77,505.96 marks in the previous Stock market to close.
Stock of Vary Parekh to buy today
Vaishi Parekh, Vice President of Technical Research at Prabhudas Lilader, said that the Nifty 50 index was kept under control, maintaining the support level of the Nifty 50 index 23,200 zone. The index has further capacity Development In the coming days. Parekh estimated the Nifty 50 Spot Index to find support at 23,200 points and faced 23,600 points. The bank Nifty Index will probably move from 48,800 to 49,800 range.
Parekh recommended three purchases for Tuesday: JSW Steel Limited, L&T Technology Services Limited, and ABB India Limited.
Stock Market Today
On approach to Nifty 50 And the bank Nifty Index, Parekh said, “After opening the difference, the Nifty remained under control, maintained support near the 23,200 area. With a gradual increase, there is scope for steps in the coming days and upwards. ,
“23,500-23,600 zone will be a significant barrier band, which needs to be decisively violated to estimate the freshly upwards, the level of 23,000 has been maintained as strong and significant support so far, ” Stock market expert,
“In a similar pattern, the bank Nifty is looking for 49,800–50,000 zones as a strong resistance barrier. A clear breakout above this band will require a clear breakout above this band to establish a strong belief. On the negative side, there will be an important area of 48,000 level, which needs to be maintained. Some frontline banking stocks such as HDFC Bank, ICICI Bank and Axis Bank are well prepared to estimate further benefits, as their bias has technically improved, ”Parekh said.
Parekh said that for today the Nifty 50 spots have a support of 23,200 points and resistance to 23,600 points. The daily range of bank Nifty index will be 48,800 to 49,800.
Buy or sell stocks by Vary Parekh
1. JSW Steel Limited (jswsteel): Purchase 935; Target 960; Stop closed loss 920.
2. L&T Technology Services Limited (ltts): Purchase 5,491; Target 5,850; Stop closed loss 5,300.
3. ABB India Limited (ABB): Purchase 5,185; Target 5,500; Stop closed loss 5,000.
Disclaimer: The views and recommendations given in this article are of individual analysts. They do not represent the ideas of mint. We recommend investors to investigate with certified experts before taking any investment decisions.
