Ashish Chaturvedi: BUY Balrampur Chini, Bosch, Action Construction; SELL Lupin
Market expert Ashish Chaturvedi has suggested three BUY Calls and one SELL Call for short term investors and traders. Indian markets are looking forward to a strong opening today and we can expect NSE Nifty to trade 150 point higher. Global trends have turned positive and Indian markets could get the support for last trading day of first quarter. Indian markets have been declining over the last few months and we could see a strong closing today.
Chaturvedi has suggested BUY Call for Balrampur Chini at current price for target of Rs 387 with Stop Loss at Rs 372. The stock is looking strong on the charts.
Chaturvedi has suggested short term BUY Call for Bosch at current price for target of Rs 19925. The holding period for this Call has been suggested at 15 days.
Chaturvedi has suggested Long Term BUY Call for Action Construction at current price for target of Rs 460 with holding period of 12 months.
Chaturvedi has suggested SELL Call for Lupin at current price for target of Rs 643 with Stop Loss at Rs 662.
All trades should be conducted with strict Stop Loss. Markets can have unpredicted moves based on news and trends in the global markets. Stop Loss is an important strategy to reduce the risk in case the stock doesn’t move as per the call given by market experts.