Ashish Chaturvedi: BUY Avenue Supermarts, Bluedart, United Spirits and Granules
Market expert Ashish Chaturvedi has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open flat today and we can witness selling pressure at higher levels. US markets will remain closed today due to July 4 and we can expect European markets to trade in a narrow range. Indian markets witnessed selling during early session on Friday but we witness a recovery in the markets by the end of the day. Markets are still looking at global cues for direction and in the upcoming weeks, quarterly results will start pouring in and we can expect stock specific action.
Chaturvedi has suggested three medium to long term BUY Calls today. Investors can BUY United Spirits at current levels for target price of Rs 950 with holding period of 12 months. Chaturvedi has suggested BUY Call for Avenue Supermarts at current price for target of Rs 3900 with holding period of six months.
Chaturvedi has suggested BUY Call for United Spirits at current levels for target price of Rs 950. The duration of this Call has been suggested at three months.
Chaturvedi has suggested BUY Call for Granules at current levels for target price of Rs 290 with Stop Loss at Rs 270. The stock is looking strong on the charts.
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.