Rahul Mohindar: BUY Reliance, HPCL, BPCL and JSPL
Market analyst Rahul Mohindar has suggested four BUY Calls and no SELL Calls for today’s session, suggesting a bullish outlook for Indian stock markets. Indian markets have been trading strong and after yesterday’s choppy session, markets ended the day positive. Markets are expected to open strong today and we can expect stock specific action today.
Mohindar has suggested BUY Trade for JSPL with a stop loss of Rs 307, target at Rs 331. Traders can BUY Reliance Industries with a stop loss of Rs 2,000, target at Rs 2,170 as the stock is looking strong on the charts.
Mohindar has two oil PSUs on his trading list for the day. Traders can BUY BPCL with a stop loss of Rs 408, target at Rs 450, as per Mohindar. Traders can initiate a BUY Trade for HPCL with a stop loss of Rs 222, target at Rs 234, 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.