Rahul Mohindar: BUY Maruti Suzuki, Tata Steel, Apollo Hospitals; SELL Reliance Industries
Market analyst Rahul Mohindar has suggested three BUY Calls and one SELL Call for today’s trade. Indian markets have been trading strong over the last few weeks and the year 2020 ended with markets at their all-time highs. Investors are exuberant but market analysts are suggesting caution as markets have been moving only higher over the last few weeks and a healthy correction will be good for the markets.
Traders can BUY Apollo Hospitals with a stop loss of Rs 2,380, target at Rs 2,460, as per Mohindar. Tata Steel is looking strong on the charts. Traders can initiate a BUY Trade for Tata Steel with a stop loss of Rs 630, target at Rs 663, as per Mohindar.
Mohindar has suggested BUY Call for automobile major Maruti Suzuki with a stop loss of Rs 7,540, target at Rs 7,800.
Mohindar has suggested Sell Trade for Reliance Industries with a stop loss of Rs 2,000, target at Rs 1,965 and 1,945
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.