Shrikant Chouhan: BUY Infosys; SELL Bank of Baroda
Market analyst Shrikant Chouhan has suggested one BUY Call and one SELL Call for today’s trading session. Indian markets are expected to open with major decline today and we can expect selling pressure in majority of stocks. Some stocks can offer a buying opportunity at lower levels but traders should be cautious and take a trade after markets stabilize. US markets closed positive on Friday but Asian markets have been trading low this morning.
Chouhan has suggested SELL Trade for PSU banking major Bank of Baroda with a stop loss of Rs 75, target at Rs 64.
Traders can BUY technology major Infosys with a stop loss of Rs 1,550, target at Rs 1,400, as per Chouhan.
Indian markets are expected to trade low in today’s trading session. Traders should be cautious as markets can witness a major drop.
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.