Prakash Gaba: BUY HCL Technologies, M&M Finance, ITC; SELL Lupin
Market expert Prakash Gaba has suggested three BUY Calls and one SELL call for today’s trading session. Indian markets are expected to open strong today as the momentum in stocks continues. US markets closed slightly positive and Asian markets have been trading positive today. NSE Nifty is above its major resistance marks and we can see further buying in select counters. Overall, the sentiment in the markets is positive but we could see selling at higher levels.
Gaba has suggested BUY Call for technology major HCL Technologies. Market expert Ashwani Gujral has also suggested BUY Call for HCL Tech today. Traders can Buy HCL Tech with a stop loss of Rs 565, target at Rs 585.
Other stock on Gaba’s list for the day is M&M Finance. Traders can Buy M&M Finance with a stop loss of Rs 185, target at Rs 190. Gaba has also suggested BUY call for FMCG major ITC. ITC has firmed up in the recent trading sessions. Traders can Buy ITC with a stop loss of Rs 204, target at Rs 215.
Only sell call from Gaba today is for pharmaceutical company Lupin. Traders can Sell Lupin with a stop loss of Rs 910, target at Rs 880, as per Gaba.
Traders should keep strict stop loss for all the trades. TopNews will review performance of trading calls by the end of the trading session.