Ashish Chaturvedi: BUY L&T Technology, KEC International; SELL IndiaMart and Exide

Ashish Chaturvedi: BUY L&T Technology, KEC International; SELL IndiaMart and Exide

Market expert Ashish Chaturvedi has suggested two BUY Calls and two SELL Calls for today’s trading session. Indian markets are expected to open positive today as Asian stocks were trading firm this morning. US markets were closed on Monday but European markets were slightly positive. Indian markets could witness a range-bound sessions with positive bias. We can expect selling pressure at higher levels.

Chaturvedi has suggested BUY Call for KEC International at current levels for target price of Rs 375 with Stop Loss at Rs 358. Chaturvedi has suggested long term BUY Call for L&T Technology Services at current levels for target price of Rs 3800. The suggested holding period for this call is 12 months.

Chaturvedi has suggested SELL Call for IndiaMart Futures Contract at current levels for target price of Rs 3600 with Stop Loss at Rs 3900. The stock is looking weak on the charts. Chaturvedi has suggested SELL Trade for Exide Industries Futures Contract at current price for target price of Rs 125 with Stop Loss at Rs 135.

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.

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