Prakash Gaba: BUY HDFC Bank and ACC

Prakash Gaba: BUY HDFC Bank and ACC

Market analyst Prakash Gaba has suggested two BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open strong today and we can see NSE Nifty crossing major resistance levels. If NSE Nifty manages to close above 17470, we can expect further momentum in the markets. US and European markets closed strong on Tuesday and global trend seems bullish at the moment. Asian markets open positive today.

Gaba has suggested BUY Call for cement major ACC. Traders can initiate a BUY Trade for ACC with a stop loss of Rs 2,100 and target of Rs 2,160-2,180, as per Gaba. The stock is looking strong on the charts.

HDFC Bank is among favorite of market analysts right now. Traders can BUY private banking major HDFC Bank with a stop loss of Rs 1,440 and target of Rs 1,480-1,500, as per Gaba.

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.