Shrikant Chouhan: BUY Tata Motors, TCS, PVR
Market expert Shrikant Chouhan from Kotak Securities has suggested three BUY Calls for short term traders. Indian markets are trading strong and we can expect NSE Nifty and BSE Sensex to touch another all-time high in today’s trade. NSE Nifty touch cross 18,000 and BSE Sensex could cross 60,000 today. Markets are expected to open strong today.
Chouhan has suggested BUY Call for technology services major TCS for a target price of Rs 4,050 with a stop loss at Rs 3,825. Other stock on Chouhan’s radar is multiplex operator PVR. Traders can BUY PVR for a target price of Rs 1,670 with a stop loss at Rs 1,525.
Chouhan has suggested BUY Trade for automobile major Tata Motors for a target of Rs 335 with a stop loss at Rs 313. Tata Motors is looking strong on the charts. The company can positively surprise with its automobile sales and results. This can lead the stock higher.
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.