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News Topical, Digital Desk : The stock market saw a decline for the sixth consecutive day today, with the Nifty closing below 24,700. Many stocks have fallen significantly during this period of decline. Consequently, it's possible that many investors may have incurred losses. Many such investors seek stock advice from CNBC Awaaz. Today, our expert, Arun Kumar Mantri of Mantri Finmart, has issued advice on BPCL and Adani Enterprises.
BPCL:
According to Arun, BPCL's chart remains strong, with strong support at 290-295. Therefore, those holding the stock can hold with a stop-loss of 290. It is estimated that the stock could gradually move towards 370-380. The stock closed at 324 today.
Adani Enterprises: According to Arun, Adani Enterprises' chart remains strong. He suggests holding the stock and adding some shares in case of any decline. Some positive news has given the stock momentum. He advised setting a stop-loss near 2200. He estimates the stock could reach beyond 3000. The stock closed at 2543 today.
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