Shrikant Chouhan: BUY Titan and Escorts Limited
Market expert Shrikant Chouhan from Kotak Securities has suggested two BUY Calls for short term investors. Indian markets are expected to open positive today after a couple of days of decline during trade. US markets closed slightly positive on Thursday and the mood in the global markets is neutral. Asian stocks were trading higher during the morning trade.
Chouhan has suggested BUY Call for Titan for a target of Rs 2,600 with a stop loss at Rs 2,490. Titan has showcased strong performance and the stock is still looking good for short and medium term investment.
Chouhan has suggested BUY Call for automobile major Escorts for a target of Rs 1,650-1,660 with a stop loss at Rs 1,500. The stock is looking strong on the technical charts and the company has showcased strong performance in the quarterly results.
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.