Yogesh Mehta: BUY Tata Consumer, SBI and BalKrishna Industries
Market analyst Yogesh Mehta has suggested three BUY Calls and no SELL Calls for today’s session. Indian markets are expected to open strong today after yesterday’s major decline. US markets closed flat but Asian markets have been trading strong today. Markets are expected to see volatility today and we can expect selling pressure at higher levels.
Mehta has suggested BUY Call for PSU banking major State Bank of India with a stop loss of Rs 359, target at Rs 380.
Traders can initiate a BUY Trade for FMCG major Tata Consumer with a stop loss of Rs 632, target at Rs 655, as per Mehta.
Mehta has suggested BUY Call for commercial tires manufacturer BalKrishna Industries with a stop loss of Rs 1,690, target at Rs 1,760.
All trades should be carried out with strict Stop Loss. In case the trade doesn’t happen as per expectations, it is good to exit the trade if the call is in profit. TopNews will review performance of trading calls by the end of the trading session.