Arman Nahar: BUY JK Paper, HCL Technologies, DCW, Rallis India
Technical Analyst Arman Nahar has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open positive today as global cues are slightly positive. Markets could see selling pressure at higher levels. NSE Nifty is facing 18550 as a major resistance. Indian markets are still showcasing bullish trends and many stocks are looking strong on charts.
Nahar has suggested long term BUY Call for JK Paper at current price for target of Rs 490 with holding period of 12 months. Nahar has suggested BUY Call for HCL Technologies at current price for target of Rs 1127 with Stop Loss at Rs 1095.
Nahar has suggested BUY Call for DCW Limited at current price for target of Rs 53 with Stop Loss at Rs 50. The stock is looking strong on the charts.
Nahar has suggested BUY Call for Rallis India at current price for target of Rs 235 with Stop Loss at Rs 227. The stock is looking good on the charts.
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.