Yogesh Mehta: BUY Reliance, HCL Technologies and ICICI Bank
Market analyst Yogesh Mehta has suggested three BUY Calls and no SELL Call for today’s trading session, suggesting a bullish view on Indian markets today. US stocks closed positive on Tuesday and majority of Asian markets have been trading positive. Indian markets are expected to open strong today and we can see many stocks touching fresh 52-week highs in today’s trade. Markets are expected to remain positive for the session as the trend has turned bullish.
Mehta has suggested BUY Trade for Reliance Industries with a stop loss of Rs 2,165, target at Rs 2,240. Traders can BUY private banking major ICICI Bank with a stop loss of Rs 620, target at Rs 645, as per Mehta.
Mehta has suggested BUY Trade for technology major HCL Technologies with a stop loss of Rs 960, target at Rs 1,010. HCL Technologies is looking strong on the charts. The stock has been suggested as a BUY Trade by Mitesh Thakkar as well.
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.