1 week ago
Expert Shares Targets for Union Bank, Kalyan Jewellers and BSE
A market expert discussed three companies whose shares may rise.
He said Union Bank could move toward Rs 200-210.
He suggested using Rs 178 as a level to limit potential losses.
He called Kalyan Jewellers his favorite pick among the companies discussed.
He expects its shares to reach Rs 750-800 in the next few weeks.
He said investors could consider buying more if the price falls to Rs 575-580.
He also said BSE may recover after recently falling sharply.
For BSE, he gave different price targets for longer-term investors and short-term traders.
Union Bank of India is expected to reach Rs 200-210 in the short to medium term.
The expert recommended buying Union Bank at current levels with a positional stop-loss of Rs 178.
Kalyan Jewellers remains the expert’s top pick, with a target of Rs 750-800 over the next couple of weeks.
The expert said Kalyan Jewellers could be added to portfolios if it declines to Rs 575-580.
BSE was described as attractive after a sharp correction, with separate positional and trading targets.
- Who
- Agarwal, a market expert, gave views on Union Bank of India, Kalyan Jewellers India and BSE.
- What
- He provided share-price targets, buying levels and stop-loss levels for the three stocks.
- Where
- The discussion concerns the Indian share market.
- When
- The article does not provide a publication date; the Kalyan Jewellers target applies over the next couple of weeks.
- Why
- The recommendations were based on the stocks' recent price movements and technical outlook.
Key facts
- Union Bank target
- Rs 200-210 in the short to medium term
- Union Bank stop-loss
- Rs 178
- Kalyan Jewellers target
- Rs 750-800 over the next couple of weeks
- Kalyan Jewellers add-on zone
- Rs 575-580
- BSE positional target
- Rs 3,750-3,800
- BSE trading target
- Rs 3,400-3,450
- BSE stop-loss levels
- Rs 3,150 for positional trades and Rs 3,130 for traders
Sources
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