Rahul Mohindar: BUY Axis Bank, Bharat Forge; SELL ITC

Rahul Mohindar: BUY Axis Bank, Bharat Forge; SELL ITC

Market analyst Rahul Mohindar has suggested two BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open positive today and we can see many stocks touching all-time highs in today’s trade. US markets are hovering around their all-time highs although Nasdaq has retreated from its highs. Asian markets were trading mixed today but Indian markets are expected to remain firm.

Mohindar has suggested BUY Call for private banking major Axis Bank with a stop loss of Rs 738, target at Rs 780. Mohindar has suggested BUY trade for Bharat Forge with a stop loss of Rs 605, target at Rs 650.

Among FMCG companies, ITC has been suggested as a SELL by Mohindar. Traders can SELL ITC with a stop loss of Rs 209, target at Rs 200, as per Mohindar.

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.

Business News: 
General: 
Analyst Views: 
Regions: