After two consecutive days of rise, there was volatility in the market on the last day of the trading week. Benchmark indices Sensex and Nifty closed with losses. There was a decline in Sensex, Nifty. Sensex closed down by 330 points. Whereas Nifty closed with a slip of 113 points. Selling was seen in midcap and smallcap shares on the last day of the trading week. At the same time, before the market closes, leading experts advised to bet in the shares of Bank of Baroda, IndusInd Bank, Adani Enterprises and Federal Bank for short term earning. Know who gave how much target price-
Angel One’s Sneha Seth’s cheapest option: Bank of Baroda
Sneha Seth of Angel One said that there will be earning on buying puts in Bank of Baroda stock with expiry in January. He said that its put with strike of Rs 225 should be bought at around Rs 4.08. In this, targets of up to Rs 7.25 will be seen in a few days. However, he also said that stoploss should be set at the level of Rs 1.5.
Rachanavaidya.in’s Rachna Vaidya F&O Superstar Share: IndusInd Bank Future
Rachana Vaidya of rachanavaidya.in advised to sell IndusInd Bank stock from the F&O segment before the market closes. He said that a target of Rs 920 can be seen in this stock. He said that in this, selling should be done at the level of Rs 948 with stop loss at the level of Rs 960.
JSW Steel Q3 results: Net profit fell by 70% to Rs 717 crore, income decreased to Rs 41,378 crore.
Miracle of Prakash Gaba’s chart from prakashgaba.com Share: Adani Enterprises
Prakash Gaba of prakashgaba.com bets on Adani Enterprises as the stock that will perform chart miracles for today. He said that it can be sold at the level of Rs 2314. Put stoploss in it at the level of Rs 2350. This stock can go up to the level of Rs 2250.
Siddharth Bhamre of Asit C Mehta Investment’s Midcap Fund Stock: Federal Bank
Siddharth Bhamre of Asit C Mehta Investment, while describing midcap fund stock, said that today Federal Bank stock should be bought at the level of Rs 187. He said that a good upside target can be seen in the medium to long term.
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