Stock Trading

Stock Markets weak as global markets turn negative

Himatsingka Seide Buy Call

Himatsingka SeideStock analyst E Mathew is of the view that Himatsingka Seide is ready to zoom in the coming weeks.

If the investors want to take advantage of this voltality, buy it around Rs 106, with a stop loss at Rs 101. The investors should hold the stock for at least 3-4 weeks. The short-term target for the said period is Rs 140.

Mr. Mathew has suggested investors not to sell this stock before achieving the said short term target.

Yesterday (16 Jan), the stock closed at Rs 111.35 after gaining 3.49% on BSE. The stock still has much potential. So don’t miss the chance and make good profit.

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