Shrikant Chouhan: BUY Hero MotoCorp, Cummins, United Breweries; SELL Dr Lal Path Labs
Market expert Shrikant Chouhan from Kotak Securities has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open strong and we could see NSE Nifty reaching recent highs during today’s trade. US markets closed with strong gains on Thursday as inflation data came slightly lower than expectations. Global markets could see strength in today’s trade.
Chouhan has suggested BUY Call for Cummins India at current price with a stop loss at Rs 1,300. The stock is looking strong on the charts. Chouhan has suggested BUY Call for automobile major Hero MotoCorp with a stop loss at Rs 2,575.
Traders can initiate a BUY Trade for United Breweries Ltd at current levels with a stop loss at Rs 1,640.
Chouhan has suggested SELL Call for SELL Call for Dr Lal Pathlabs with a stop loss at Rs 2,450.
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.