Ashish Chaturvedi: BUY Coal India, JB Chemicals, Punjab Alkalies; SELL Metropolis
Market analyst Ashish Chaturvedi has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open lower today and we could see decline this week compared to stellar performance witnessed last week. US and European stocks closed lower on Monday and global markets are looking weak this week. Asian markets were trading lower this morning.
Chaturvedi has suggested BUY Call for PSU energy major Coal India at current price for target of Rs 240 with Stop Loss at Rs 198. Chaturvedi has suggested BUY Call for JB Chemicals at current price for target price of Rs 1900 with Stop Loss at Rs 1700.
Chaturvedi has suggested BUY Call for Punjab Alkalies at current levels for target price of Rs 1450 with Stop Loss at Rs 1300.
Chaturvedi has suggested SELL Call for Metropolis Futures Contract at current price for target of Rs 1565 with Stop Loss at Rs 1600.
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.