Rahul Mohindar: BUY Reliance Industries, Tata Steel; SELL Coal India
Market analyst Rahul Mohindar has suggested two BUY Calls and one SELL Call for today’s trading session. Indian markets closed negative in yesterday’s trade. Markets have been trading strong over the last few days, especially after the Union Budget was presented in the parliament. NSE Nifty is expected to open strong today and we can expect markets to see a positive closing today.
Mohindar has suggested BUY trade for Tata Steel with a stop loss of Rs 682, target at Rs 717. Steel companies were trading strong in yesterday’s trade and we witnessed a trend reversal in many steel stocks in the recent days.
Mohindar has suggested BUY Trade for Reliance Industries with a stop loss of Rs 2,050, target at Rs 2,130.
Mohindar has suggested Sell Call for Coal India with a stop loss of Rs 139, target at Rs 129.
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.