Shrikant Chouhan: BUY Reliance, HDFC Bank, United Spirits and Sun Pharma
Market expert Shrikant Chouhan from Kotak Securities has suggested four BUY Calls and no SELL Calls for today’s trading session. Indian markets are expected to open strong today and we could see NSE Nifty trade above 15,000 levels in the early session. Market experts believe that there can be selling pressure at higher levels but overall sentiment in the markets is positive.
Chouhan has suggested BUY Call for private banking major HDFC Bank with a stop loss of Rs 1,440, target at Rs 1,530. Traders can initiate a BUY trade for United Spirits with a stop loss of Rs 525, target at Rs 570, as per Chouhan.
Chouhan has suggested BUY trade for pharmaceutical major Sun Pharmaceutical with a stop loss of Rs 630, target at Rs 680. Traders can BUY Reliance Industries with a stop loss of Rs 1,970, target at Rs 2060, as per Chouhan.
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.