Shrikant Chouhan: BUY Apollo Hospitals and Vedanta
Market expert Shrikant Chouhan from Kotak Securities has suggested two BUY Calls and no SELL Calls for today’s trading session. Indian markets are expected to open positive today but it will be important for NSE Nifty to cross the major hurdle of 14,600 for the positive trend to continue. If NSE Nifty returns back from 14,550, we might see selling pressure. US markets were mixed yesterday and Asian markets have been trading mixed this morning.
Chouhan has suggested BUY Call for metal counter Vedanta with a stop loss of Rs 230, target at Rs 250. Traders can BUY Apollo Hospitals with a stop loss of Rs 3,125, target at Rs 3,300, as per Chouhan. The stock is looking strong on the charts.
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.