Arman Nahar: BUY Torrent Power, TVS Electronics, Zydus LifeSciences and Blue Star
Market expert Arman Nahar has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open slightly lower today as US markets closed negative on Wednesday. European stocks were trading higher on Wednesday and Indian markets also closed strong after declining for eight trading sessions. The pullback rally witnessed yesterday could offer some momentum to select stocks in today’s session as well.
Nahar has suggested BUY Call for Torrent Power at current levels for target of Rs 520 with Stop Loss at Rs 500. The stock is looking strong on technical charts. Nahar has suggested BUY Call for Blue Star at current price for target of Rs 1485 with Stop Loss at Rs 1426.
Nahar has suggested long term BUY Call for TVS Electronics at current price for target of Rs 425. The counter is fundamentally strong and can offer good returns to long term investors.
Nahar has suggested BUY Call for Zydus LifeSciences at current price for target of Rs 4801 with Stop Loss at Rs 458.
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.