Prakash Gaba: BUY TCS, Pidilite, Bata India and PI Industries
Market expert Prakash Gaba has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open strong today as US and European stocks witnessed a strong rally on Thursday. Asian markets were trading positive this morning. Traders can expect strength in Indian markets today. RBI meeting will also be having an impact on today’s trading session. The mood in the markets is cautious but many stocks are still looking strong, considering the continued buying support.
Prakash Gaba has suggested BUY Call for Bata India for a target price of Rs 2,000 with a stop loss at Rs 1,920. The stock is looking strong on technical charts. Gaba has suggested BUY Call for PI Industries for a target of Rs 3,350 with a stop loss at Rs 3,200.
Among technology companies, TCS is looking strong at current levels. Gaba has suggested BUY Trade for TCS for a target of Rs 3,975 with a stop loss at Rs 3,875.
Traders can initiate a BUY Trade for Pidilite for a target of Rs 2,500 with a stop loss at Rs 2,450, 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.