Arman Nahar: BUY Tata Motors, HCL Technologies, Anand Rathi and Deepak Fertilizers
Market expert Arman Nahar has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open lower today as Asian cues suggest weakness. US markets closed mixed last week after volatile trades. Indian markets are hovering around all-time highs for NSE Nifty but 18550 is seen as a major resistance for NSE Nifty. Markets could recover during the afternoon session, depending on the global cues and US futures.
Nahar has suggested BUY Call for automobile major Tata Motors at current price for target of Rs 437 with Stop Loss at Rs 420. Nahar has suggested BUY Call for HCL Technologies 1100 CALL OPTION at Rs 13 for target of Rs 25 with Stop Loss at Rs 8.
Nahar has suggested long term BUY Call for Anand Rathi Wealth at current levels for target of Rs 840 with holding period of 12 months. The stock is looking fundamentally strong.
Nahar has suggested BUY Call for Deepak Fertilizers at current price for target of Rs 785 with Stop Loss at Rs 760.
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.