Shrikant Chouhan: BUY M&M Financial, Oracle Financial and AU Small Finance Bank
Market expert Shrikant Chouhan from Kotak Securities has suggested three BUY Calls for short term traders. Indian markets are expected to open flat today. Market participants are waiting for US Federal Chairman Jerome Powell speech on policy decision. Markets have turned cautious and we can expect volatility in Indian markets today. There can be stock specific action in today’s trading session.
Chouhan has suggested BUY Call for private banking counter AU Small Finance Bank for a target price of Rs 1,410 with a stop loss at Rs 1,300. Traders can initiate a BUY Trade for Mahindra & Mahindra Financial Services for a target of Rs 165 with a stop loss at Rs 151, as per Chouhan.
Chouhan has suggested BUY Call for Oracle Financial Services Software (OFSS) for a target of Rs 4,900 with a stop loss at Rs 4,670.
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.