Saturday, October 29, 2022

STOCK MARKET PREDICTION FOR MONDAY 31 OCT 2022

BHARTIAIRTEL 
BUY BHARTIAIRTEL FUTURE ABOVE 820.20 TARGET 832.20/840.2
SL 805.2 

The stock has rallied nearly 7 so far in October. In weekend the stock gained 1.7%, it also registered a fresh each- time high of822.20. On the diurnal maps, the stock has formed an uptrend durability conformation and a advanced bottom conformation on the dailycharts.The short- term texture of the stock suggests a strong possibility of the durability of an uptrend surge in the short run. We're of the view that as long as the stock is trading above 795, the uptrend surge is likely to continue. Above this, it could move over to 840- 860. On the wise side, below 795, positional dealers may prefer to exit from the trading long positions.

TATASTEEL 
SELL TATASTEEL FUTURE BELOW 100.50 TARGET 98.80/96.20 SL 104.20

In this week Tata Steel stock touched an intraday low of Rs101.6, down 2.5%. On Nifty too, Tata Steel was the top clunker falling up to 2.62 to Rs 101.45 against former close of Rs104.20. Shares of Tata Steel were the top Sensex disasters amid a rally in the broader request moment. Tata Steel stock was the top Sensex killer history, rising3.02 % to 
Rs104.20. The essence indicator was the top killer inthe former session, closing 565 points advanced at,264Still, the indicator saw profit- booking and was the top clunker moment, slipping 286 points to,978 in early trade. Tata Steel stock touched an intraday low of Rs101.6, down2.5 % on BSE. The share trades advanced than 5 day, 20 day and 100 day moving pars but lower than 50 day and 200 day moving pars. The stock has lost21.72 % in a time and fallen 8.5 % in 2022.In a month, the stock has gained6.77 %. Total25.38 lakh shares of the establishment changed amounting to development of Rs25.94 crore on BSE. request cap of Tata Steel fell to Rs1.23 lakh crore.
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