Rajat Bose: BUY Canara Bank, SBI and DLF
Market analyst Rajat K Bose has suggested three BUY Calls and no SELL Call for today’s trading session. Indian markets have been trading strong after the Union Budget. NSE Nifty touched an all-time high in yesterday’s session and we can expect Nifty to cross 15,000 mark for the first time in today’s trade. Markets can show some weakness in the afternoon session but overall market mood is positive.
Traders can BUY State Bank of India after the largest public sector bank announced quarterly results that were better than street expectations. Traders can BUY SBI with a stop loss at Rs 347, targets at Rs 367 and 375, as per Bose.
Bose has suggested BUY Trade for PSU banking major Canara Bank with a stop loss at Rs 157, targets at Rs 167 and 171.
Bose has suggested BUY Call for DLF with a stop loss at Rs 295, target at Rs 317.
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.