Ashish Chaturvedi: BUY Asahi India, HG Infra, Godfrey Phillips; SELL Tata Motors
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 during the day. After yesterday’s decline, markets are again looking weak. US markets witnessed selling on Thursday and this will result in negative sentiment across the global markets.
Chaturvedi has suggested BUY Call for Asahi India at current levels for target price of Rs 700 with Stop Loss at Rs 525. This is a call based on technical charts. Chaturvedi has suggested BUY Call for Godfrey Phillips at current price for target price of Rs 1225 with Stop Loss at 1120. The stock is looking fundamentally strong and we should see a rally in this counter.
Chaturvedi has suggested BUY Call for HG Infra at current levels for target price of Rs 610 and Stop Loss at Rs 576.
Traders can SELL Tata Motors Futures Contract at current price for target of Rs 492 with Stop Loss at Rs 512, as per Chaturvedi.
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.