Shrikant Chouhan: BUY BHEL and Dr Reddy’s

Shrikant Chouhan: BUY BHEL and Dr Reddy’s

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 lower today and we can expect NSE Nifty to take support from lower levels during the session. US markets closed negative on Tuesday and Asian stocks were trading slightly lower this morning.

Chouhan has suggested BUY Call for power sector company BHEL for a target of Rs 60-62 with a stop loss at Rs 54.

Dr Reddy’s is looking strong on the charts. Chouhan has suggested BUY Call for pharmaceutical major Dr Reddy’s for a target of Rs 4,500-4,550 with a stop loss at Rs 4,280.

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.

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