Business Business: The increasing tension between Iran and Israel has also affected the Indian stock markets. This week, Sensex and Nifty have fallen by more than 4-4 percent. The increasing dispute between Iran and Israel has led to a rise in crude oil prices. Due to this, the shares of oil companies fell prey to selling. The effect of falling rupee prices is also being seen. According to experts, oil stock prices are expected to fall further. Experts hope that these oil reserves will increase again after the situation in the Middle East improves. Experts advise long-term investors to bet on oil stocks. Let us know on Monday which oil stocks you can buy- Brokerage firm VLA Ambala believes that these stocks are currently undervalued. In such a situation, investors can buy in the range of Rs 210-215. Investors can set a target price of Rs 228, Rs 235 and Rs 250. Investors can hold these stocks for one to eight weeks. Let us tell you that the stop loss is Rs 200 per share.
India’s oil industry has contributed 135 percent this year. The company’s shares declined.” He believes that investors can buy this stock at Rs 510. He has set a price target of Rs 665 to Rs 680 for the medium term. Shares can be bought at a price ranging from Rs 340 to Rs 350. The brokerage house has set the target price at Rs 370 to Rs 430. However, the stop loss has been set at Rs 310.
BPCL shares are currently trading at Rs 340. Shares of the company can be bought at a price ranging from Rs 290 to Rs 310. At the same time, the target price of the stock has been fixed at Rs 365-450. We would like to inform you that the stop loss has been set at Rs 265.
According to VLA Ambala, shares can be bought at a price ranging from Rs 276 to Rs 255. The brokerage house has set the target price at Rs 310-370. However, the stop loss has been set at Rs 240 remained.
