Rahul Mohindar: BUY Reliance, Tata Steel and Dr Reddy’s
Market analyst Rahul Mohindar has suggested three BUY Calls and no SELL Call for today’s trading session. Indian markets managed to close positive yesterday after a volatile trading session. Markets are expected to open negative in today’s session and we could see a small correction in select stocks.
Mohindar has suggested BUY Trade for pharmaceutical major Dr Reddy's with a stop loss of Rs 5,280, target at Rs 5,380.
Reliance has been trading low over the last few weeks but the stock has managed to trade positive for the last couple of days. Reliance is now looking strong. Traders can BUY Reliance Industries with a stop loss of Rs 1,940, target at Rs 1,995, as per Mohindar.
Mohindar has suggested BUY Call for Tata Steel with a stop loss of Rs 697, target at Rs 730.
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.