Stock market analyst 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.

Stock market 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.

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.

Indian Stocks markets closed with decent gains last week. US Markets received some support from the Fed’s recent rate cut, but the effect may not last for the coming week. The signs of slowdown in US economy have become a cause of worry for investors all over the world.

BSE Sensex closed with a gain of 355 points at 16,371. NSE Nifty closed the week at 4942. Technical experts believe that the stock markets may remain range-bound for next 3 – 4 weeks. The undertone is bearish. There are some signs of buying at lower levels, but markets are not able to sustain at higher levels due to selling pressure.

Indian Stock markets closed on Tuesday with decent gains. BSE Sensex closed with a gain of 928 points at 16,217 while NSE Nifty was up by 267 points at 4877.

The BSE Sensex, on Wednesday, ended after making a gain of 161.37 points at 14,994.83, whereas the broad-based NSE Nifty ended at 4,573.95, up 40.95 points.

The 30-share index Sensex opened on a cheerful note with a positive gap of 492.33 points at 15,325.79 following the interest rate cut by US Federal Reserve.

The index traded sturdily for a short period because of buying activity seen across the frontline stocks.

But, the Sensex broke off from days’ peak by losing all its power. At last, it marked its closure positively. It also touched an intraday high of 15,465.81.