Prakash Gaba: BUY HDFC Bank and PowerGrid

Prakash Gaba: BUY HDFC Bank and PowerGrid

Market analyst Prakash Gaba has suggested two BUY Calls and no SELL Call for today’s trading session. Indian markets have been trading in a narrow range over the last few sessions. We can expect strength in the markets today as Asian stocks were trading strong this morning. US and European markets closed positive on Monday.

Gaba has suggested BUY Call for private banking major HDFC Bank for targets of Rs 1,460 and Rs 1,480 with a stop loss at Rs 1,420. HDFC Bank is looking strong on the charts and traders can expect a strong move in this counter.

Gaba has suggested BUY Call for PSU power counter PowerGrid for a target of Rs 216 with a stop loss at Rs 210.

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.

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