Shrikant Chouhan: BUY Bharat Dynamics and Mphasis
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 remain range-bound today. RBI MPC will be announcing monetary policy today and we can see impact of RBI decision on the markets. Markets are expecting 50 basis points rate hike.
Chouhan has suggested BUY Call for Mphasis for a target of Rs 2,500-2,550 with a Stop Loss at Rs 2,300. The stock is looking strong on the charts.
Chouhan has suggested BUY Call for Bharat Dynamics for a target of Rs 850-855 with a Stop Loss at Rs 810.
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.