Amidst the huge fall in crude oil prices, a positive atmosphere is being seen in the stock market on Thursday. GIFT Nifty is trading almost flat. Meanwhile, Donald Trump has expressed confidence that an agreement will be reached with Iran soon. Iran is also currently considering America’s proposal. Crude oil prices fell by more than 8% in yesterday’s session, falling to a low of $96, which later closed at $102.
What are the positive factors for today?
1. The possibilities of agreement between America and Iran have increased.
2. Both America and Iran have adopted a more flexible approach.
3. The pace of rise in crude oil prices has slowed down and there are signs of weakness.
4. Buying activities by DIIs (Domestic Institutional Investors) have increased.
5. A strong rise has been seen in the American markets.
6. Strength has also been seen in Asian markets.
7. Nifty index attempted a strong breakout in yesterday’s session.
8. Market sentiment remained bullish due to strong gains in mid-cap and small-cap stocks.
What are the negative factors for today?
1. Despite the overall strength in the market, FIIs (foreign institutional investors) continued selling yesterday.
2. Crude oil prices continue to fluctuate and remain around yesterday’s levels.
3. At present, there have been no concrete signals from the US or Iran that confirm that a deal has been finalized.
Today is the monthly closing of Sensex index; As a result, the impact of this incident can be seen on the market. Know about the 20 stocks that analysts have chosen for today
stocks
cash
Buy Kansai Nerolac Paints | Target: 208 | Stop Loss: 198
futures
Buy Bluestar | Target: 1867 | Stop Loss: 1784
options
Buy Bajaj Auto (10,500 Call Option) Target: 450 | Stop Loss: 118
technical analysis
Buy Ashok Leyland Target: 181 | Stop Loss: 161
fundamental analysis
Buy Emudra | Target: 543 | Stop Loss: 482
IPL/Investment
Buy R Systems International | Target: 330 | Stop Loss: 268
news
Buy Asian Paints Target: 2620 | Stop Loss: 2470
my choice
Buy Birlasoft Ltd. Target: 382 | Stop Loss: 367
Buy Aptus Value Housing Finance | Target: 276 | Stop Loss: 263
Buy Interglobe Aviation | Target: 4750 | Stop Loss: 4402
my top choice
Buy Bajaj Auto (10,500 Call Option) | Target: 450 | Stop Loss: 118
Pooja’s choice
cash
Buy Avalon Tech | Target: 1180 | Stop Loss: 1139
futures
Buy CG Power Target: 846 | Stop Loss: 819
options
Buy Shree Cement (25,250 Call Option) @ 609 | Target: 1100 | Stop Loss: 300
technical analysis
Buy Home First Finance | Target: 1255 | Stop Loss: 1213
fundamental analysis
Buy Hexaware | Target: 500 | Stop Loss: 440
investment
Buy Marico Target: 900 | Duration: 12 months
news
Buy Mahindra Lifespace | Target: 345 | Stop Loss: 333
my choice
Buy Mouthoot Microfinance | Target: 220 | Stop Loss: 210
Buy PB Fintech | Target: 1735 | Stop Loss: 1684
Sell Godrej Consumer | Target: 1070 | Stop Loss: 1104
my top choice
Buy Hexaware | Target: 500 | Stop Loss: 440