Ashish Chaturvedi: BUY Axis Bank, Vedanta, Shoppers Stop and IPCA Labs
Market analyst Ashish Chaturvedi has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open strong and we can expect sustained buying in today’s trade. European markets registered smart gains on Tuesday and led to positive sentiment in US markets as well. Global markets are looking positive today. Asian markets were trading positive this morning.
Chaturvedi has suggested BUY Call for private banking major Axis Bank at current price for target of Rs 715 with Stop Loss at Rs 695. Chaturvedi has suggested BUY Call for VEDL at current levels for target price of Rs 245 with Stop Loss at Rs 230.
Chaturvedi has suggested BUY Call for Shoppers Stop at current price for target of Rs 590 with Stop Loss at Rs 554. Chaturvedi has suggested BUY Trade for IPCA Labs at current levels for target price of Rs 1050 with Stop Loss at Rs 1000.
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.