Ashish Chaturvedi: BUY Arvind Fashions, Universal Cables, Lupin and 3M India
Technical analyst Sudarshan Sukhani has suggested four BUY Calls and no SELL Calls for today’s trading session. Indian markets are expected to open flat today and we can witness a range-bound session with a positive bias. Indian market sentiment is still bullish but the markets are also looking at global trends. The quarterly results season is almost over and majority of companies have reported positive results. US markets closed negative on Monday.
Chaturvedi has suggested BUY Call for Arvind Fashions at current price for target of Rs 367 with Stop Loss at Rs 350. The stock is looking strong on the charts. Chaturvedi has suggested BUY Call for Universal Cables at current levels for target of Rs 276 with Stop Loss at Rs 266.
Chaturvedi has suggested BUY Call for Lupin 760 CALL OPTION at current price for target of Rs 22 with Stop Loss at Rs 14.
Chaturvedi has suggested medium term BUY Call for 3M India at current levels for target of Rs 30000. The suggested holding period for this call is 6-9 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.