Ashish Chaturvedi: BUY Axis Bank, Titan, Tata Consumer Products and Hindalco
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 and we could see NSE Nifty going above resistance levels during the trading session. Market sentiment is looking positive unless there is negative news from European or US markets. On the lower side, markets do have a few support points and traders can keep strict stop loss in case the market reverses direction. Global cues over the weekend were mildly positive.
Chaturvedi has suggested long term BUY Call for Axis Bank at current levels for target price of Rs 940. This call has been suggested for 12 months holding period. Chaturvedi has suggested long term BUY Call for Titan at current levels for target price of Rs 3100 with holding period of 12 months.
Chaturvedi has suggested BUY Call for Tata Consumer Products at current levels for target price of Rs 840 with Stop Loss at Rs 804.
Traders can BUY Hindalco Futures Contract at current levels for target price of Rs 445 with Stop Loss at Rs 422, 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.