What Investors Will Do In HDFC, Trent And ONGC Stocks, Experts Change Their Minds After Last Trade

Stocks to buy: Experts have chosen stocks with strong fundamentals to buy, prices are expected to rise further

Stock market closes: Markets close with strong momentum, Sensex rises 700 points, Nifty closes near 17500, ONGC loses top spot

Buy, Sell or Hold: Trent rose 1.65 percent in today’s session. Where HDFC Limited is trading flats and ONGC is up 1.85 percent.

Buy, Sell or Hold: The Indian stock market opened flat on Friday amid strong global signals. However, the stock market rose 1 percent in the trading session on Thursday. The Sensex has seen an increase of 1000 points and the Nifty 50 has opened below the level of 17300. On the first day of the week, i.e. today, the Sensex rose 200 points and the Nifty opened above the 17300 level. Speaking of sector specific, Thursday’s trading session saw buying in consumer durable goods, fuel and sales in IT stocks. However, IT stocks are burning in Monday’s trading session and buying is seen here.

Which stock was the last trade focus?

When the stock market closed on Thursday, Trent was up 7 percent. Outside, HDFC Ltd grew 5 percent and ONGC grew nearly 2 percent. Trent rose 1.65 percent in today’s session. Where HDFC Limited is trading flats and ONGC is up 1.85 percent.

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Let us know that Mazhar Mohammad, Chief Strategic of Technical Research at Chartviewindia.in, has given his opinion on these stocks and has given the strategy ahead. Here’s what investors should do in these stocks.

Trent: Buy

Experts say the stock has been trading in the 1210-970 range for the past 22 weeks. Experts said that the stock could move towards 1450 if it stops at 1187. To buy here, the expert gave the level 1230-1210 and gave a target price of Rs 1447. At the same time, a stop loss of Rs.

HDFC Limited: Buy

At present, you can buy this stock, experts said. It is advisable to keep a stop loss of Rs 2340 for buying here. Experts say a strong breakout could be seen in this stock.

ONGC: Buy

After falling below its recent high of 195, the stock is looking down the trend at around 160 levels. If this stock stays at the level of 162, then this stock may go to the level of 182. Experts here have suggested buying at a target of Rs 180 and keeping a stop loss of Rs 160.

(Disclaimer: Investment advice here is provided by a brokerage house / expert. This is not a G-Business opinion. Consult your advisor before investing.)