BUY SBI Life and CCL Products: Ruchit Jain, Angel Broking
Market expert Ruchit Jain from Angel Broking has suggested two BUY Calls for short term traders. Indian markets have been trading strong today and NSE Nifty has been hovering around 14,500 levels. NSE Nifty managed to reach 14,550 but there was selling pressure at higher levels that led to a decline from day’s high.
Jain has suggested BUY Trade or SBI Life at Rs 945 keeping a stop below Rs 915 for a target of Rs 970. The stock is looking strong at the moment and we can expect further momentum in this counter.
Traders can BUY CCL Products at Rs 270 with a stop below Rs 258 for a target of Rs 290, as per Jain. The stock is looking strong on the charts and we can expect it to show further strength.
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.