Shrikant Chouhan: BUY Hero MotoCorp and HDFC
Market expert Shrikant Chouhan from Kotak Securities has suggested two BUY Calls for today’s trading session. Indian markets are hovering around all-time highs for NSE Nifty and BSE Sensex. However, the markets are facing resistance above 15,300 levels for NSE Nifty. Asian markets are trading mixed today and we can expect flat opening for Indian markets.
Chouhan has suggested BUY Call for financial services major HDFC with a stop loss of Rs 2,530, target at Rs 2,620. Banks and financial services sector has witnessed renewed buying interest in the recent days.
Chouhan has Hero MotoCorp on his radar from automobile sector. Traders can BUY Hero MotoCorp with a stop loss of Rs 2,920, target at Rs 3,050, as per Chouhan.
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.