Arman Nahar: BUY Anand Rathi Wealth, HDFC Bank, PNB Housing and Tata Coffee
Market expert Arman Nahar has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open flat today. We can expect selling pressure in technology stocks. Infosys quarterly results will be in focus for today’s trade and technology stocks could witness volatility. Indian markets are still showing positive signs but markets could see decline as global cues are negative. Inflation numbers have come lower and this could help markets in short term.
Nahar has suggested BUY Call for Anand Rathi at current levels for target of Rs 772 with Stop Loss at Rs 750. Nahar has suggested BUY Call for HDFC Bank at current price for target of Rs 1642 with Stop Loss at Rs 1580. The stock is looking strong on the charts.
Nahar has suggested BUY Call for PNB Housing at current price for target of Rs 601 with Stop Loss at Rs 489. This could be a short term investment.
Nahar has suggested BUY Call for Tata Coffee at current price for target of Rs 224 with Stop Loss at Rs 216.
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.