Shitij Gandhi from SMC Global Securities has suggested three BUY Calls for medium term. Indian markets have been trading near their all-time highs and NSE Nifty has touched fresh highs during the last few trading sessions. Markets are expected to remain range-bound but we can expect stock specific action.

Gandhi has suggested BUY Calls for HDFC Life, HUL and Mahanagar Gas. The target price has been suggested for these stocks over a period of 2-3 weeks.

Gandhi has suggested BUY Call for Mahanagar Gas with a target price of Rs 1,430. Traders should keep a stop loss at Rs 1,150. Currently, the stock is trading at Rs 1,267 offering an average return of 13 percent from current levels.

Gandhi has suggested BUY Call for FMCG major Hindustan Unilever. Traders can BUY HUL at Rs 2,400 with target price of Rs 2,600. Traders should keep a stop loss of Rs 2,250 for a possible return of 9% from current levels.

HDFC Life is looking good at current levels as per Gandhi. Traders can BUY the stock at current levels of Rs 694 and target price of Rs 750 has been suggested for the stock. Traders should keep a stop loss of Rs 650.

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.