Yogesh Mehta: BUY ICICI Prudential, Adani Ports, Biocon
Market analyst Yogesh Mehta has suggested three BUY Calls and no SELL Calls for today’s trading session. Indian markets are expected to open flat and we can expect a range-bound trading session. Markets have been in consolidation mode and we can expect next rally only if NSE Nifty convincingly crosses major resistance levels. Dow Jones closed 103 points higher on Monday and Asian markets were trading mixed this morning.
Mehta has suggested BUY Trade for Adani Ports & SEZ Futures with a stop loss of Rs 710, target at Rs 745. The stock is looking strong on the charts.
Traders can BUY ICICI Prudential Futures with a stop loss of Rs 425, target at Rs 460, as per Mehta.
Mehta has suggested BUY Call for Biocon Futures with a stop loss of Rs 393, target at Rs 419.
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.