Shrikant Chouhan: BUY Mahindra & Mahindra and Titan
Market expert Shrikant Chouhan from Kotak Securities has suggested two BUY Calls and no SELL Call for today’s trading session. US markets closed negative on Wednesday and Asian stocks were trading lower this morning. Indian markets are expected to open lower today and we can witness a range-bound trade. Indian markets are looking towards global cues for the next major move. The correction last week was quick and this week we are in a narrow range.
Chouhan has suggested BUY Call for Titan at current price for a target of Rs 2,550-2,575 with a stop loss at Rs 2,450. The stock is looking strong on the charts.
Chouhan has suggested BUY Call for automobile major Mahindra & Mahindra for a target of Rs 885-890 with a stop loss at Rs 855.
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.