Shrikant Chouhan: BUY HDFC, Adani Enterprises, Jubilant Ingrevia
Market expert Shrikant Chouhan from Kotak Securities has suggested three BUY Calls and no SELL Call for today’s trading session. Indian markets have finally crossed the major resistance of 18550 for NSE Nifty in yesterday’s session. The markets also touched all-time high during the session yesterday and we can expect markets to open positive today. While selling at higher levels can’t be ruled out, the overall mood in the markets is bullish.
Chouhan has suggested BUY Call for financial services major HDFC at current levels with a stop loss of Rs 2,640 and a target of Rs 2,800. The stock has given a breakout and it can offer decent returns.
Chouhan has suggested BUY Call for Adani Enterprises at current price with a stop loss of Rs 3,850 and a target of Rs 4,100.
Chouhan has suggested BUY Call for Jubilant Ingrevia with a stop loss of Rs 520 and a target of Rs 570-580.
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.