Archive · 22 Jul 2026
Expert shares stock market outlook and targets
Akshay Bhagwat from JM Financial Services talked about the stock market and specific stocks.
He said the Nifty50 index is moving between 23,800 and 24,300.
For Data Patterns, he suggested holding the stock with targets of Rs 5,200 and Rs 5,500.
For Tata Motors Passenger Vehicles, he advised buying on dips.
For Bandhan Bank, he said to wait for a decline before investing.
For Adani Total Gas, he recommended exiting due to poor performance.
Nifty50 index is trading between 23,800 and 24,300.
Data Patterns has immediate support at Rs 4,000 and targets of Rs 5,200 and Rs 5,500.
Tata Motors Passenger Vehicles is weak and could retest Rs 300; buy on dips.
Bandhan Bank has major support at Rs 150; avoid fresh entries.
Adani Total Gas is underperforming; consider exiting at current levels.
- Who
- Akshay Bhagwat of JM Financial Services
- What
- Stock market outlook and specific stock targets
- When
- Not specified
- Where
- Not specified
- Why
- To provide investment advice and market insights
Buy-on-dips Strategy
Exit Strategy
Tata Motors Passenger Vehicles Ltd (TMPV)
Buy-on-dips Strategy
Adopt a 'buy-on-dips' strategy instead of chasing the stock at current levels.
Exit Strategy
Not applicable
Adani Total Gas Ltd
Buy-on-dips Strategy
Not applicable
Exit Strategy
Consider exiting at current levels due to lagging momentum.
- Nifty50 Trading Range
- 23,800 - 24,300
- Data Patterns (India) Ltd Immediate Support
- Rs 4,000
- Data Patterns (India) Ltd Short-term Target
- Rs 5,200
- Data Patterns (India) Ltd Positional Target
- Rs 5,500
- Tata Motors Passenger Vehicles Ltd (TMPV) Weak Level
- Rs 300
- Bandhan Bank Ltd Major Support Zone
- Rs 150
- Adani Total Gas Ltd Potential Range
- Rs 620-600