Prakash Gaba: BUY ACC, DLF, HDFC Bank and Infosys Technologies
Market analyst Prakash Gaba has suggested four BUY Calls and no SELL Call for today’s trading session, indicating a positive outlook for Indian markets. US markets closed negative on Thursday and European stocks also witnessed weakness. Indian markets are expected to open flat today but we can expect selling during the trading session.
Gaba has suggested BUY Call for cement major ACC with a stop loss of Rs 2,100, target at Rs 2,160. Other stock on Gaba’s radar for the session is real estate major DLF. Traders can BUY DLF with a stop loss of 315, target at Rs 350, as per Gaba.
Gaba has suggested BUY Call for private banking major HDFC Bank with a stop loss of Rs 1,516, target at Rs 1,540.
Technology major Infosys recently announced impressive quarterly results. The stock has firmed up after the results. Gaba has suggested BUY Trade for Infosys with a stop loss of Rs 1,567, target at Rs 1,620.
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.