Shrikant Chouhan: BUY Zydus Cadila and Mphasis
Market expert Shrikant Chouhan from Kotak Securities has suggested two BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open flat today and we could witness selling pressure in select stocks. Markets have gained ground over the last few sessions and we can expect a small correction at current levels.
Chouhan has suggested BUY Call for Mphasis for a target of Rs 2,600 with a stop loss at Rs 2,350. The stock is looking fundamentally strong and we can expect sustained buying in this counter if the market remains positive.
Chouhan has suggested BUY Call for Zydus Life for a target of Rs 400 with a stop loss at Rs 370. The stock is looking strong on technical charts.
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.