Shrikant Chouhan: BUY Apollo Hospitals and Cummins India
Market expert Shrikant Chouhan from Kotak Securities has suggested two BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open slightly positive today. US markets registered gains during the early session on Tuesday but the rally fizzled out by the end of the trading session. The global sentiment is neutral right now and we could see Indian stocks to have a range-bound, volatile session today. Indian markets will also be having stock-specific action as companies announce quarterly results.
Chouhan has suggested BUY Call for Apollo Hospitals for a target of Rs 4,500 with a stop loss at Rs 4,300. The stock is looking strong on the charts.
Chouhan has suggested BUY Trade for Cummins India for a target of Rs 1,300 with a stop loss at Rs 1,180. The stock is looking poised for growth and we can expect decent returns from current levels.
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.