Sneha Seth: BUY Tata Power and Voltas
Market expert Sneha Seth from Angel One has suggested two BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open positive but we could see selling at higher levels. Markets are expected to trade in a narrow range today. US markets closed flat on Thursday but market sentiment has turned cautious. Indian markets could close flat in today’s session.
Seth has suggested BUY Call for Tata Power at current levels for a target of Rs 245 with a stop loss at Rs 229. The stock is looking strong on the charts. Seth has suggested BUY Call for Voltas at current price for a target of Rs 824-825 with a stop loss at Rs 789. The stock is looking strong on the charts.
HCL Technologies could see strong performance today after Indian government announced import curbs on laptops and other gadgets in order to boost local production.
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.