Stocks to Sell: Brokerage anticipates 12–15% downside in 2 shares; check targets
Ventura Securities recommends selling two stocks as Nifty slips amid global tensions and FII outflows. Technical and fundamental indicators suggest short-term downside opportunities for traders.
Amid escalating global tensions, renewed recession concerns, and continuous FII outflows, investor sentiment in the Indian stock market has turned negative. The Nifty recently fell below the 24,600 mark, raising caution among traders and investors. In this environment of increased volatility, analysts highlight potential short-term opportunities through SELL strategies. Domestic brokerage Ventura Securities has identified two stocks based on technical charts and valuation concerns that could offer profit-making potential on the downside.
Stock Market Under Pressure: Nifty below 24,600
Nifty slips 300+ points as global tensions rise.
Israel-Iran conflict, US recession fears, and aggressive FII selling weaken market sentiment.
Profit booking in stocks after April rally
Several shares rallied strongly since April lows.
Many now show reversal patterns on technical charts.
Brokerage sees short-term selling opportunity.
Stock to Sell: Ventura issues SELL call on BSE share
Share Sell Range: Rs 2,882
Target Price: Rs 2,512
Stoploss: Rs 3,045
Current Market Price: ~Rs 2,700
BSE Share Price Outlook
BSE Ltd is in a downtrend despite bonus issue in May (2:1).
Stock looks overpriced with forward P/E of 71.9x.
Estimated fair value around Rs 2,373.
Why BSE Share is under pressure
Option premium decline signals reduced speculative interest.
SEBI tightening norms on hedge funds may affect trading volume.
Stock now under ASM framework.
Saw 4% drop after extended 45-day rally.
Tata Elxsi Stock: Second SELL Call by Ventura Securities
Share Sell Range: Rs 6,530
Target Price: Rs 5,956
Stoploss: Rs 6,840
Current Price: ~Rs 6,400
Tata Elxsi Share Price technical view
Trading lower by 1% in cash market.
Chart indicates possible short-term breakdown.
Ideal for traders using technical analysis-based strategies.
Tata Elxsi Business Challenges and Stock Outlook
CEO flags pressure in automotive, media, and communication segments.
Geopolitical and economic uncertainty affects project pipeline.
Valuation of Tata Elxsi Share: Is it overpriced
1-year forward P/E multiple of 38.4x suggests fair value at Rs 5,260.
Stock appears expensive in the current macro environment.
Investor Caution: Sell strategy for short-term gains
Both stocks flagged for short-term correction using SELL strategy.
Recommendations are from Ventura Securities.
Investors should consult financial advisors before taking action.
(Disclaimer: The views/suggestions/recommendations expressed here in this article are solely by investment experts. Zee Business suggests its readers consult their investment advisers before making any financial decision.)