Shrikant Chouhan: BUY HCL Technologies, Canara Bank and JSPL
Market expert Shrikant Chouhan from Kotak Securities has suggested three BUY Calls for short term traders. Indian markets are expected to open positive today and we can expect stock specific movement in today’s trade. US markets closed positive on Thursday and European markets also witnessed strength. Asian stocks have been trading mixed this morning.
Chouhan has suggested BUY Call for technology major HCL Technologies for a target of Rs 1,060 with a stop loss at Rs 980. Among PSU banks, Chouhan thinks that Canara Bank is a good buy. Traders can BUY Canara Bank for a target of Rs 160 with a stop loss at Rs 145, as per Chouhan.
Chouhan has suggested BUY Call for JSPL for a target of Rs 455 with a stop loss at Rs 425.
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.
