Shrikant Chouhan: BUY Reliance, Persistent Systems and Bajaj Auto
Market expert Shrikant Chouhan from Kotak Securities has suggested three BUY Calls and no SELL Calls for today’s trading session. Indian markets are expected to open strong today and we can expect NSE Nifty to trade positive for the rest of the trading session. US markets have sent positive cues after the Federal Reserve meeting’s impact has been factored in by the traders. Global markets could see a positive day today.
Chouhan has suggested BUY Call for Reliance Industries with a stop loss of Rs 2,170, target at Rs 2,280. Reliance has witnessed a strong move in the last two weeks and the stock is looking positive at the current levels.
Chouhan has suggested BUY trade for Persistent Systems with a stop loss of Rs 2,500, target at Rs 2,700. Traders can BUY automobile major Bajaj Auto with a stop loss of Rs 4,000, target at Rs 4,150, as per Chouhan. The stock is currently strong at the current levels.
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.