Shrikant Chouhan: BUY Infosys Technologies and Coal India

Shrikant Chouhan: BUY Infosys Technologies and Coal India

Market expert Shrikant Chouhan from Kotak Securities has suggested two BUY Calls for short term investors and traders. Indian markets are hovering around their all-time highs and companies with strong quarterly performance will be rewarded during this bull-run. The markets are making fresh highs every week and we can expect a positive opening today. US and European markets closed mixed on Monday.

Chouhan has suggested BUY Call for technology major Infosys. The company announced strong quarterly performance and we can expect the stock to see sustained buying in the coming days. Chouhan has suggested BUY Call for Infosys for a target of Rs 1,850-1,930 with a stop loss at Rs 1,710.

Other stock on Chouhan’s buying list is PSU energy counter Coal India. Short term traders can BUY Coal India for a target of Rs 195-200 with a stop loss at Rs 180, as per Chouhan. 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.

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