Jaipur Stock：Transaction settings： Breaking through individual stocks： new Indian insurance, general insurance and Sparc transaction settings reached 52 weeks height

On Friday, the Indian stock market closed the next day with negative prejudice.The Nifty50 Index closed below 19,800.

From the perspective of the industry, there are buying tracts in capital goods, public utilities, medical care and banking sectors, while IT, fast consumer goods, petroleum and natural gas and durable consumer goods sectors have sold.

The stocks that have attracted much attention include the New India Association Company of 20%, the General Insurance Corporation has risen by more than 16%, and the Sun Pharma Advanced Research Company closed up on Friday.Nearly 6%, a 52 -week high.

We have compiled a list to list three stocks. They either set a high 52 -week high, a record high, or a breakthrough in transaction volume or a breakthrough.

We interviewed an analyst, from the perspective of education, how should we view these stocks in the next trading day:

Analysts: Riyank ARora, Mehta Equities LTD. Technical Analysts

New Indian Insurance Co., Ltd.: LTP RS 209 stocks have made a strong breakthrough above the high point in February 2021, and the transaction volume has risen sharply.As the price rose by more than 20%within a day, the overall momentum looks strong.

The stock has a small resistance at 219 points. Above this, the current upward trend can be accelerated to 250 points and 266 points.

If the stock re -test the 195 to 200 areas; it will provide a good buying opportunity, the stop loss is less than 187.50, and the target is 250 and 266.

India General Insurance Company: LTP RS 307 stock price rose sharply, rising by more than 16%in Friday transactions.The direct resistance of the stock is 320, and on this, we can see 335 and 385.

In general, this structure looks very strong, and the high and low of the stock are getting higher and higher, which shows a trend of a sharp rise.

Any level that breaks through 320 should bring a strong momentum to the rising movement of 335 and 385.

Sparc: LTP RS 273 This stock has a good breakthrough on the daily chart and weekly map, and the strong close is above the 267.50 mark.Jaipur Stock

As the transaction volume rose sharply, the momentum of steady rising to 290 points and 300 points seemed very strong, and there was a firm stop loss point near 256 points.Simla Investment

The stock has also formed a cup handle breakthrough mode on the daily chart, showing the signs of positive upward in the next few weeks.

The strong technical structure and huge trading volume are a great positive signal for the stock.Varanasi Stock

(Disclaimer: The recommendations, suggestions, opinions, and opinions given by the experts are their own. These do not represent the views of the Economic Times.)