Rahul Mohindar: BUY Infosys, Jubilant FoodWorks; SELL Bharti Airtel
Market analyst Rahul Mohindar has suggested two BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open lower today and we could see selling pressure taking NSE Nifty to its major support level around 15,000. We can expect a bounce-back in the market from lower levels but it is also possible that Nifty drops below 15,000 and triggers further decline. Market participants should be highly cautious today as trading session can be very choppy.
Mohindar has suggested BUY Call for technology major Infosys with a stop loss of Rs 1,260, target at Rs 1,330. Traders can BUY Jubilant FoodWorks with a stop loss of Rs 2,800, target at Rs 3,200, as per Mohindar.
Mohindar has suggested SELL Trade for telecom major Bharti Airtel with a stop loss of Rs 601, target at Rs 570.
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.