Sacchitanand Uttekar: BUY Bajaj Finance and UltraTech Cement

Sacchitanand Uttekar: BUY Bajaj Finance and UltraTech Cement

Market expert Sacchitanand Uttekar from Tradebulls has suggested two BUY Calls and no SELL Call for short term investors and traders. Indian markets are expected to open positive today and depending on the trends in European markets, we could see strong closing for the markets today. Indian markets have corrected and we can expect a small bounce. US market has been moving sideways over the last few trading sessions. Nasdaq is still under pressure while Dow Jones is showing strength. European markets are showcasing positive trends.

Uttekar has suggested BUY Call for Bajaj Finance at current levels for target of Rs 5740 with Stop Loss at Rs 5580. The stock is looking strong on the charts.

Uttekar has suggested BUY Call for UltraTech Cement at current price for target of Rs 7630 with Stop Loss at Rs 7420. The stock is looking good on the technical charts and can offer decent returns to traders.

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.

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