Shivangi Sarda: BUY HDFC and JSW Steel

Shivangi Sarda: BUY HDFC and JSW Steel

Market expert Shivangi Sarda from Motilal Oswal Financial Services has suggested two BUY Calls for short term traders. Indian markets are trading firm today as market sentiment is currently bullish. Indian markets are currently at all-time highs for NSE Nifty and BSE Sensex. The broader market is also trading positive and bulls are in charge.

Sarda has suggested BUY Call for financial services major HDFC at current price with a stop loss of Rs 2,870 and target of Rs 3,040. HDFC and HDFC Bank merger has been finalized and record date has been set to 13 July. We have witnessed strong performance from both the stocks in the recent sessions.

Sarda has suggested BUY Call for JSW Steel at current levels with Stop Loss at Rs 770 and target of Rs 825. The stock is looking strong on the charts.

All trades should be conducted with strict Stop Loss. Markets can have unpredicted moves based on news and trends in the global markets. Stop Loss is an important strategy to reduce the risk in case the stock doesn’t move as per the call given by market experts.