Shrikant Chouhan: BUY Bajaj Finserv, Tata Steel and MindTree
Market expert Shrikant Chouhan from Kotak Securities has suggested three BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open strong today as global market sentiment has improved. US and European stocks closed positive on Thursday and we can expect NSE Nifty to continue with the rally.
Chouhan has suggested BUY Call for Bajaj Finserv at current levels for target of Rs 1360 with Stop Loss at Rs 1260. The stock has declined in the recent sessions and short term traders can expect recovery in this counter.
Chouhan has suggested BUY Trade for Tata Steel at current price with target of Rs 110 keeping a Stop Loss at Rs 103. The stock is looking strong on the charts and can offer good returns as markets are looking strong.
Chouhan has suggested BUY Call for MindTree at current price for target of Rs 4750 with short term investment view. The stock can offer decent returns if the markets remain positive.
All trades should be conducted with strict Stop Loss. Markets can have unpredicted moves based on news and trends in the global markets. Stop Loss is an important strategy to reduce the risk in case the stock doesn’t move as per the call given by market experts.