StockHolding Research: BUY ITC, Jubilant FoodWorks and Bharti Airtel
Market research house StockHolding Research has suggested three BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open flat today and trading session could remain range-bound. Global markets were muted on Tuesday and majority of markets trading in a narrow range. Investors are concerned about slow growth of Chinese economy. US markets closed slightly negative yesterday and we can except Indian markets to trade in a narrow range today.
StockHolding Research has suggested BUY Call for FMCG major ITC for intraday traders at Rs 443 for target of Rs 450 with Stop Loss at Rs 436. The stock is technically strong and can offer quick returns in intraday trade.
StockHolding Research has suggested BUY Call for Jubilant FoodWorks at Rs 534 with target price of Rs 566 and Stop Loss at Rs 517. The stock is looking strong on technical charts. This call can take a couple of sessions to reach target.
Day traders can BUY telecom major Bharti Airtel at Rs 865 for target price of Rs 882 with Stop Loss at Rs 854, as per StockHolding Research.
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.