Ashish Chaturvedi: BUY Cummins, Arvind Fashions, Raymond and FDC
Market expert Ashish Chaturvedi has suggested Indian markets are expected to open strong today and we can witness across the board buying today. Indian market sentiment has been positive for the last couple of weeks and markets have been looking for cues from global markets. US markets closed positive on Friday and this will positively impact the global market sentiment. Traders can expect NSE Nifty to breach 18000 levels after a long time in today’s trade.
Chaturvedi has suggested BUY Call for Cummins India at current levels for target of Rs 1331 with Stop Loss at Rs 1260. Chaturvedi has suggested long term BUY Call for Arvind Fashions at current level for target of Rs 440. The duration of this call is 12 months.
Chaturvedi has suggested BUY Call for Raymond at current price for target of Rs 1200 with Stop Loss at Rs 1140. Traders can initiate a BUY Trade for FDC at current price for target of Rs 320 with Stop Loss at Rs 300.
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.