Jai Bala: BUY Bajaj Finance, HDFC Bank; SELL InterGlobe Aviation
Market analyst Jai Bala has suggested two BUY Calls and one SELL Call for today’s trading session. Indian market is expected to open positive today and we could see NSE Nifty and BSE Sensex touching a new all-time high. Markets have been trading strong due to continued buying from foreign funds. Market analysts are suggesting a cautious approach as markets could witness strong selling.
Bala has suggested BUY Call for HDFC Bank with a stop loss of Rs 1,350, target at Rs 1,485. Traders can BUY financial services major Bajaj Finance with a stop loss of Rs 4,770, target at Rs 4,855, as per Bala.
Bala has suggested SELL Call for Indigo Airlines parent company InterGlobe Aviation. Traders can SELL InterGlobe Aviation with a stop loss of Rs 1,800, target at Rs 1,567, as per Bala.
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.