Stock to buy or sell: The following weak Global market Emotions, Indian stock market On Friday, the fourth straight straight session ended. The Nifty 50 index decreased by 117 points at 22,795 points, BSE Sensex scored 424 points and closed at 75,311, while the bank Nifty index lost 353 points and ended at 48,981. The sectoral performance was largely negative, with the Nifty Metal Index emerging as the only advantage. Auto, healthcare, pharma and realty sectors led the fall. Despite the initial benefits, broad markets saw significant intraday instability. The Nifty Midcap 100 and the Small-Cap index retreated more than 2% from their day’s high, decreased by 1.32% and 0.7% respectively. The width of the market remained negative, with a recording of the advanced-disposal ratio 0.75 with BSE.
Stock market outlook
Speaking on Outlook for Outlook of Nifty 50 index, Shiju Kutupalakkal, Senior Manager – Technical Research in Prabhudas Lilader, said, “The Nifty 50 index died to sell pressure and below the 22800 level important support area Closed and closed down with a very cautious approach of the bio and 22800 levels. The expected, the next important area should be seen upside down with 22500 zones. “
On the approach to the bank Nifty Index, an expert, Prabhudas Lilader, said, “Bank Nifty Index, with Booking of Profit, was seen slipping under 50000 zones to weaken the bias. Further, below, under significant support of 48500 level A decisive violation will trigger fresh sales pressure, with the next major and significant support posted near the 47800 zone. For, the index needs to advance the resistance barrier of the 49700 zone to estimate more increase in the coming days.
Stock to buy or sell under 100
About this Intraday stock Under Monday 100, market expert – Mahesh M Ojha, AVP – Research in Hansx Securities; Founder of Sugandha Sachdeva, SS Wealthystrate; And the head of research in Laksamishri Investment and Securities, Anshul Jain – recommended in Force Buy or sell stocks: SJVN, IDFC First Bank, Zeeel and International Conveyor.
To buy under shares of Mahesh M Ojha 100
1]sjvn: Purchase On 91 92.50, target 96-98-100+, stop loss below 88; And
2]IDFC First Bank: Purchase On 59 61, target 64, 67, and 70.
Sugandha Saikzdeva’s stock purchase or selling
3]Zel: Sell 99, target 96.20, loss stop 101.
Part of Anshul Jain to buy under 100
4]International Conveyor: Purchase 68.50, target 74.50, Los Stop 66.50 (closing base).
Disclaimer: The ideas and recommendations provided in this analysis belong to individual analysts or broking companies, not mints. We recommend investors to consult certified experts before making any investment decisions, as market conditions may change rapidly and individual conditions may be different.
