Arman Nahar: BUY JK Paper, Lupin, Godrej Properties and TVS Electronics
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 and the market movement will largely depend on global trends. European and US markets are expected to see a relief rally after last week’s decline. Indian markets could remain rangebound today with a positive bias. Local markets are looking for global cues.
Nahar has suggested BUY Call for Godrej Properties at current price for target of Rs 1190 with Stop Loss at Rs 1150. Nahar has suggested BUY Call for Lupin at current levels for target of Rs 677 with Stop Loss at Rs 650. The stock is looking strong on the charts.
Nahar has suggested short term BUY Call for JK Paper at current price for target of Rs 440 with holding period of three months. Nahar has suggested long term BUY Call for TVS Electronics at current price for target of Rs 425. The holding period for this call has been suggested at 15 months.
All trades should be conducted with strict Stop Loss. Markets can have unpredicted moves based on news and trends in the global markets. Stop Loss is an important strategy to reduce the risk in case the stock doesn’t move as per the call given by market experts.