Ashish Chaturvedi: BUY ABB India, Cummins, Anand Rathi Wealth and Tata Power
Market expert Ashish Chaturvedi has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open positive today and we can witness buying at lower levels. Markets are looking calm right now and we have witnessed buying at lower levels and selling at higher levels. Markets are remaining in a range and trend is largely governed by the mood in the global markets.
Chaturvedi has suggested BUY Call for Anand Rathi Wealth at current price for target of Rs 700 with Stop Loss at Rs 665. Traders can initiate a BUY Trade for Tata Power 215 Call Option at current price for target of Rs 11 with Stop Loss at Rs 5, as per Chaturvedi.
In long term calls, Chaturvedi has suggested BUY Call for Cummins India at current price for target of Rs 1300. The holding duration for this Call is 12 months.
Chaturvedi has suggested BUY Call for ABB India at current levels for target price of Rs 2500 with Stop Loss at Rs 2300.
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.