Stocks to Buy, Sell & Hold: Last week’s trading day i.e. on Thursday, there was a strong movement in these three stocks. Experts have given their opinion on these three stocks for the investors.
Buy, Sell and Hold: Indian markets closed with a red mark on the last trading day of last week i.e. on Thursday. Indian markets closed with selling for three consecutive days. S&P BSE Sensex closed below 60,000 and Nifty50 closed below the level of 17800. Talking about the sector specific, during this time there was buying in PSU Bank and auto, metal, IT and realty stocks continued to sell.
How was the market on the last day of last week?
Tanla Platform saw an increase of 5 percent on the last day of last week i.e. on Thursday. At the same time, Trident also increased by 5 percent but Vedanta registered a decline of 8 percent. If you have also included these stocks in your portfolio, then know here what is the opinion of the experts on these three…
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Mazhar Mohammad, Chief Strategist, Trading Advisory Chartviewindia.in has given his opinion on these three stocks. Expert told what investors should do about these stocks after the market opens on Monday.
Tanla Platform: Buy on Dips
The expert told that it is believed that this stock will go beyond 1550 now. Expert said that in two weeks this stock has seen a jump from 1150 to 1460. Hence profit booking is not being seen here. Therefore, positional traders are advised to adopt a buying strategy now. The expert told that either this stock should be bought from now or it can be bought when it comes to the level of 1400. Expert has given a stop loss of 1390.
These stocks including ITC, Birlasoft will earn in 3 to 4 weeks, check current price, stop loss and target
Expert said that in the current week, this stock remained in the middle of its 5 week old Consolidation Zone 43-35 level. On the basis of closing basis, this stock can cross the level of 51. Experts have given opinion that Hold is advised on this stock with 38 Stop Loss.
Vedanta Ltd: Avoid
Experts have advised not to buy on Vedanta. Expert said that it is difficult for this stock to stay above the 290-280 support zone. Expert has advised to Avoid this stock for a fixed period of time.