Technical analyst, Ashwani Gujral is of the view that investors can buy Reliance Power stock to achieve a short-term target of Rs 460.
According to him, investors can purchase the stock on declines with a stop loss of Rs 400.
The investors can achieve the target within a period of 4-5 weeks. So they are advised not to sell the stock before achieving this price target.
Today, the company’s shares opened at Rs 420, as against its last closure at Rs 419.80 on Thursday (May 8), on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 599.0 and a low of Rs 303.45 on BSE.
Technical analyst, Ashwani Gujral is of the view that investors can buy Bajaj Hindustan stock Ltd to achieve a short-term target of Rs 285.
According to him, the stock can be purchased on declines with a stop loss of Rs 211. Sugar sector itself was displaying strength, and it is expected to move up in the coming days.
The investors can achieve the target within a period of 4-8 weeks. So they are advised not to sell the stock before achieving this price target.
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.