Ashish Chaturvedi: BUY HDFC, Sanghvi Movers, Cera Sanitaryware and Tamil Nadu Newsprint
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 but we can expect markets to trade in a narrow range today. US markets closed positive on Monday and markets are expected to remain volatile as US inflation data will be released today. Depending on US futures, Indian markets could see higher volatility.
Chaturvedi has suggested BUY Call for HDFC at current levels for target of Rs 2756 with Stop Loss at Rs 2690. The stock is looking strong on the charts. Chaturvedi has suggested medium term BUY Call for Cera Sanitaryware at current price for target of Rs 7300 with holding period of 9 months.
Chaturvedi has suggested medium term BUY Call for Sanghvi Movers at current price for target of Rs 450 with holding period of six months.
Chaturvedi has suggested BUY Call for Tamil Nadu Newsprint at current price for target of Rs 253 with Stop Loss at Rs 240.
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.