Rahul Mohindar: BUY Axis Bank, Voltas; SELL Reliance Industries and Titan
Market analyst Rahul Mohindar has suggested two BUY Calls and two SELL Calls for today’s trading session. Indian markets are expected to open positive but we can expect selling pressure at higher levels. Markets have been trading firm for the last few sessions and market sentiment is slightly positive today. US markets closed positive and Asian markets have been trading positive this morning.
Mohindar has suggested SELL Trade for Titan with a stop loss of Rs 1,490, target at Rs 1,360. Reliance is on Mohindar’s radar for the trading session and the stock is looking weak on the charts. Traders can SELL Reliance Industries with a stop loss of Rs 1,975, target at Rs 1,850, as per Mohindar.
Mohindar has suggested BUY Call for private banking major Axis Bank with a stop loss of Rs 705, target at Rs 737. Traders can BUY Voltas with a stop loss of Rs 955, target at Rs 1,010, 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.