Ashish Chaturvedi: BUY Glenmark, Britannia, Sanghvi Movers and Redington India
Market expert Ashish Chaturvedi has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open positive today and we can see a fresh all-time high for markets. Market experts don’t rule out possibility of selling pressure at higher levels. But, overall market sentiment is positive. US markets closed negative on Monday but markets are looking optimistic considering the rate hike situation by US Federal Reserve.
Chaturvedi has suggested BUY Call for Glenmark 430 CALL OPTION at current price for target of Rs 21 with Stop Loss at Rs 12. The stock is looking strong on the charts. Chaturvedi has suggested BUY Call for FMCG major Britannia at current price for target of Rs 4325 with Stop Loss at Rs 4200.
Chaturvedi has suggested long term BUY Call for Sanghvi Movers at current price for target of Rs 350. The holding period for this call is 12 months.
Chaturvedi has suggested BUY Call for Redington India at current levels for target of Rs 190 with Stop Loss at Rs 180.
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.