Vaishali Parekh: BUY Bandhan Bank, Hero MotoCorp and Zensar Technologies
Market expert Vaishali Parekh from Prabhudas Lilladher has suggested three BUY Calls and no SELL Call for today’s trade, indicating a bullish outlook for Indian markets. Indian markets are expected to open positive today and we can witness another all-time high for the markets. Asian stocks were trading firm this morning and we can expect rally to continue. Indian markets are witnessing bullish sentiment and the rally has turned broad-based in the recent weeks.
Parekh has suggested BUY Call for automobile major Hero MotoCorp at current levels with Stop Loss at Rs 2865 and target price of Rs 3020. The stock is looking strong on technical charts and can offer decent returns if markets remain positive. Hero MotoCorp will be launching first ‘Made In India’ Harley-Davidson X440 today.
Parekh has suggested BUY Call for private banking counter Bandhan Bank at current levels with Stop Loss at Rs 238. Target price for Bandhan Bank has been suggested at Rs 255 by Parekh.
Parekh has Zensar Technologies on her radar. Traders can BUY Zensar Technologies at current price for target of Rs 404 with Stop Loss at Rs 380.
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.