Sanjiv Bhasin: BUY Godrej Properties and Godrej Consumer Products
Market expert Sanjiv Bhasin has suggested two BUY Calls for short term investors. Indian markets are expected to open lower today as US stocks tanked on Thursday as investors became conscious about future rate hikes from US Federal Reserve. Indian markets also witnessed selling pressure during yesterday’s session and we could see markets trading low today as well. For NSE Nifty, the support is seen at 18300 levels.
Bhasin has suggested short term BUY Call for Godrej Properties at current price for target of Rs 1370 - 1375. Investors should keep a Stop Loss of Rs 1290 for this counter.
Bhasin has suggested short term BUY Call for Godrej Consumer Products at current levels (Rs 890-896) for target of Rs 1000. Stop Loss for this trade has been suggested at Rs 860.
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.