Rahul Mohindar: BUY Reliance, Jubilant Life, Biocon and GSPL
Market analyst Rahul Mohindar has suggested four BUY Calls and no SELL Calls for today’s trading session. Indian markets registered minor decline in yesterday’s session after many positive trading sessions. However, markets are still looking bullish and we could see markets trading higher on Friday. Market participants have indicated that we could see selling pressure in select stocks and a correction is long overdue.
Mohindar has suggested BUY Call for GSPL with a stop loss of Rs 220, target at Rs 258. Other stock on Mohindar’s radar for the day is Reliance Industries. Traders can BUY Reliance Industries with a stop loss of Rs 1,975, target at Rs 2,070, as per Mohindar.
Mohindar has suggested BUY Trade for Biocon with a stop loss of Rs 438, target at Rs 478. Other stock from pharmaceutical sector on Mohindar’s radar is Jubilant Life Sciences. Traders can BUY Jubilant Life Sciences with a stop loss of Rs 790, target at Rs 850, 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.