Indian equities closed in red today also. Yesterday also large selling pressure occurred because of RBI decision and volatility in Crude oil price.
Today Sensex closed below 18,000 in 17878.81 and Nifty in 5373.70.
Today I think, RIL is the main reason for the downward trend. RIL closed in Rs.993.00 (NSE) -3.67%
I think the investments in these stocks will be better, especially in the short term point of view.
# V-guard: Today it closed in 158.80. We can make investments in V-guard in the range, especially between 156 and 160. Target of Rs.170 within 1 month.
# Dhanlaxmi bank: Today it closed in Rs.101.60 (NSE). The best entry level will be in the range 98 to 102. I expect a target of 112 within 1 month.
# Tata Global: I prefer investment in Tata global beverages in the range 90 to 92. Today it closed in 97.60. For long term investors this level is also the best levels for investment. But short term investors make investments only in the specified range. Target is Rs.102 within 1 month.
# IDBI bank: IDBI bank is a good option in public sector banks. Best entry level I think is between 130 and 132. Target of 140 within 1 month.
Regards Hari " लोका समस्ता सुखिनो भवन्तु "
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