Ashish Chaturvedi: BUY UBL, India Glycols, Jyothy Labs; SELL Hero MotoCorp
Market expert Ashish Chaturvedi has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open lower today and we can witness selling pressure as global markets were trading lower. US markets closed negative on Thursday. Asian stocks were trading lower this morning.
Chaturvedi has suggested BUY Call for India Glycols at current price for target of Rs 1100 with Stop Loss at Rs 970. The stock is looking strong on the charts. Chaturvedi has suggested medium term BUY Call for UBL at current levels for target price of Rs 1750. The holding period for this stock has been suggested six months.
Chaturvedi has suggested BUY Call for Jyothy Labs at current price for target of Rs 151 with Stop Loss at Rs 145.
Chaturvedi has SELL Call for Hero MotoCorp Futures Contract at current levels for target price of Rs 2240 with Stop Loss at Rs 2370.
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.