Shrikant Chouhan: BUY Mahindra & Mahindra Finance and IRB Infrastructure
Market expert Shrikant Chouhan from Kotak Securities has suggested two BUY Calls and no SELL Call for today’s trading session. Indian markets are looking strong at the moment as global cues are positive. Markets would be stock specific in the upcoming days as companies will start announcing their quarterly numbers. Market participants are expecting positive set of numbers from companies during the current quarterly results season. We can expect NSE Nifty to trade positive today.
Chouhan has suggested BUY Call for IRB Infrastructure for a target of Rs 220-225 with a stop loss at Rs 198. The stock is looking strong on the charts.
Chouhan has suggested BUY Call for Mahindra and Mahindra Finance for a target of Rs 205-210 with a stop loss at Rs 187. The stock could surprise with strong moves in today’s session.
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.