Business & Investment

Buy and sell stocks on Monday: Buy EID Parry, sell Aarti Industries, says this analyst. This is the reason!

Stocks to buy on Monday: Expert Sandeep Jain said the market may be seen adjusting new margin rules and will need to prepare for domestic stock market uncertainty in the next three to four trading sessions. Said. Jane called Friday’s session strange and added that the market was powerfully open with positive global clues. The decline will begin in the second session, partly because of the new margin rules that will come into force on Monday.

He recommended EID Parry India Limited as a position term buy. He said that sugar stock would be the focus, as crude oil could be seen returning to action soon. Tradeswift director called it a great company and said the current chart structure suggests an upward move. He sets price targets for Rs545 and Rs552 in Position Term View and proposes to buy when the market reopens on Monday.

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He made a stop loss on the Rs527. EID Parry shares closed at Rs535 at NSE, up almost 1.6% from the last closing on Thursday.

Given market conditions, he did not make a daytime selection from the cash market segment.

He called for the sale of Aarti Industries shares for a deal on Monday. The stock price of Aarti Industries closed at Rs 885.90 at NSE. He sets the price target for the Rs850 during the highest loss of the Rs905.

The Indian stock market ended the week in the red. The BSE Sensex fell more than 460 points (0.8%) to settle at 57060.87, and the Nifty 50 ended at 17102.55, down 142 points (0.8%). Bank Nifty closed at 36088.15, down nearly 1% or 334 points.

The Nifty Midcap 100 has fallen by more than 250 points and last week’s trading session ended at 29880.35, so there was a fix in the wider market as well.

Also read: Monday’s Stock Market: Despite the two-week integration, there are no clear clues as to direction.Experts say we will wait for a decisive breakout from Nifty’s 6,800-17,300 zone.
Foreign Institutional Investors (FII) on Friday sold a net sale of Indian stocks worth Rs 3648 in the cash market. Meanwhile, a domestic institutional investor (DII) bought shares worth Rs. 3490.

Not everything went negative as Tradeswift Director had a Volatility Index or VIX below 20 when talking to Zee Business’s Swati Raina on the popular TV show Bazaar Agle Hafte. (#BazaarAgleHafte).



Buy and sell stocks on Monday: Buy EID Parry, sell Aarti Industries, says this analyst. This is the reason!

https://www.zeebiz.com/market-news/news-stock-to-buy-on-monday-stock-to-sell-buy-eid-parry-sell-aarti-industries-says-this-analyst-183859 Buy and sell stocks on Monday: Buy EID Parry, sell Aarti Industries, says this analyst. This is the reason!

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