Ashish Chaturvedi: BUY Bharat Forge, SBI Life, DMART and ABB India

Ashish Chaturvedi: BUY Bharat Forge, SBI Life, DMART and ABB India

Market expert Ashish Chaturvedi has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to lower weak today after three days of sustained buying that has placed NSE Nifty above its major resistance of 16600. The markets are looking strong but we could see selling pressure today. Indian markets will also depend largely on the mood in the European and US markets during the late trading session today.

Chaturvedi has suggested BUY Call for Bharat Forge at current price for target of Rs 700 with Stop Loss at Rs 678. Traders can BUY SBI Life at current price for target price of Rs 1270 with Stop Loss at Rs 1100. The stock is looking strong on technical charts.

Chaturvedi has suggested BUY Call for retailer DMART at current levels for target price of Rs 4370. This is a long term call with holding period of one year.

Chaturvedi has suggested BUY Call for ABB India at current levels for target price of Rs 2500 with Stop Loss at Rs 2300.

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.

General: 
Analyst Views: 
Regions: