Shrikant Chouhan: BUY Axis Bank, HCL Technologies, HDFC; SELL SBI Life

Shrikant Chouhan: BUY Axis Bank, HCL Technologies, HDFC; SELL SBI Life

Market Expert Shrikant Chouhan from Kotak Securities has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets have been trading strong over the last few trading sessions and we can expect slightly positive opening for the markets today. However, market experts believe that selling pressure can be witnessed at higher levels as global markets are sending mixed signals.

Chouhan has suggested BUY Call for technology major HCL Technologies with a stop loss of Rs 920, target at Rs 945. Two banking and finance stocks are on Chouhan’s buying list for the session. Traders can BUY private banking major Axis Bank with a stop loss of Rs 720, target at Rs 745. Traders can initiate a BUY Trade for financial services major HDFC with a stop loss of Rs 2,490, target at Rs 2,560, as per Chouhan.

Chouhan has suggested SELL Trade for SBI Life with a stop loss of Rs 980, target at Rs 955.

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.

Business News: 
General: 
Regions: