Ashish Chaturvedi: BUY Cera Sanitaryware, Lumax Ind, KNR Construction and Sula Vineyards
Market expert Ashish Chaturvedi has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open weak today and we can see markets trading in a narrow range with negative bias. US markets closed negative on Thursday and selling pressure is likely to remain in the Indian markets. Depending on US futures, the closing could see slight recovery.
Chaturvedi has suggested BUY Call for KNR Construction at current levels for target of Rs 274 with Stop Loss at Rs 262. Chaturvedi has suggested BUY Call for Lumax Ind at current price for target of Rs 1860 with Stop Loss at Rs 1800.
Chaturvedi has suggested BUY call for Sula Vineyards at current price for target of Rs 430 with Stop Loss at Rs 380. Chaturvedi has suggested long term BUY Call for Cera Sanitaryware at current levels for target of Rs 7200. The holding period for this call has been suggested at 12 months.
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.