Prakash Gaba: Havells India and ACC
Market analyst Prakash Gaba has suggested two BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open strong today and we can expect markets to remain positive for the session. US and European markets registered strong performance yesterday. US Federal Reserve announced 25 basis points increase in interest rates, as per market expectations. Indian markets would track the developments in the global markets.
Gaba has suggested BUY Call for cement major ACC. Traders can initiate a BUY Trade for ACC for a target of Rs 2,200 with a stop loss at Rs 2,100. The stock is looking strong on the charts.
Gaba has suggested BUY Call for Havells India for a target of Rs 1,150 with a stop loss at Rs 1,120. The stock can offer decent returns.
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.