Ashish Chaturvedi: BUY Aditya Birla Sun Life, Vardhman Special, Vedanta and Tata Steel
Market analyst Ashish Chaturvedi has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open lower today and we could witness selling pressure in majority of blue-chip stocks. US markets have declined after the recent US Federal Reserve Chair comments on rate hikes. Global markets have witnessed decline in the recent trading sessions and local markets have also turned bearish after NSE Nifty traded at its all time high last week.
Chaturvedi has suggested BUY Call for Aditya Birla Sun Life at current price for a target of Rs 490 with a stop loss at Rs 450. Chaturvedi has suggested BUY Call for Vardhman Special Steels at current levels for target of Rs 330 with Stop Loss at Rs 320.
Chaturvedi has suggested BUY Call for Vedanta at current levels for target of Rs 324 with Stop Loss at Rs 313.
Chaturvedi has suggested long term BUY Call for Tata Steel at current levels for target of Rs 135 with holding period of 12 months.
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.