Deepanshu Bhandari: BUY Tata Motors, United Spirits, India Cements and ICICI Bank
Market expert Deepanshu Bhandari has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open positive today and we can see NSE Nifty above its major resistance levels. US and European markets closed positive on Tuesday after an initial decline in these markets. Indian markets will be tracking the trends in the global markets. The markets are looking positive for today’s trade.
Bhandari has suggested BUY Call for Tata Motors Futures Contract at current levels for target price of Rs 425 with Stop Loss at Rs 408. Bhandari has suggested BUY Trade for ICICI Bank Futures Contract at current price for target of Rs 714 with Stop Loss at Rs 689.
Bhandari has suggested long term BUY CALL for United Spirits at current levels for target price of Rs 1200. Suggested holding time for this call is 12 months.
Bhandari has suggested BUY Call for India Cements at current levels for target price of Rs 212 with Stop Loss at Rs 202.
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.