Shrikant Chouhan: Buy TVS Motor, Bank of Baroda and ICICI Bank
Market expert Shrikant Chouhan from Kotak Securities has suggested three BUY Calls and no SELL Calls for today’s trading session. Indian markets are expected to open positive today but we can expect a range-bound trading session. Markets could see selling pressure at higher levels and traders can take up trades for small gains in select stocks. Markets are expected to remain in consolidation phase.
Chouhan has suggested BUY Call for private banking major ICICI Bank with a stop loss of Rs 585, target Rs 615. PSU Banking counter Bank of Baroda is also on Chouhan’s list for the session. Traders can BUY Bank of Baroda with a stop loss of Rs 64.50, target Rs 70, as per Chouhan.
Chouhan has suggested BUY Trade for automobile major TVS Motors with a stop loss of Rs 595, target Rs 640.
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.