Shrikant Chouhan: BUY Infosys and NMDC
Market analyst Shrikant Chouhan from Kotak Securities has suggested two BUY Calls and no SELL Calls for traders. Indian markets are expected to witness a gap-up opening today as US and European markets have accepted the shock of Ukraine-Russia war. US markets were lower during opening but closed positive as investors factored in the impact of Russian aggression in Ukraine. Asian markets were trading positive this morning.
Chouhan has suggested BUY Call for technology major Infosys for a target of Rs 1,750-1,760 with a stop loss at Rs 1,640. Chouhan has suggested BUY Trade for NMDC for a target of Rs 130-145 with a stop loss at Rs 130. The stock is looking strong on the charts.
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.