Ashish Chaturvedi: BUY Jindal Stainless, L&T Tech, United Spirits; SELL Aurobindo Pharma
Market expert 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 witness selling pressure in the markets today. Indian markets have been hovering around all-time highs for NSE Nifty and markets have failed to beat the major resistance of 18550 for NSE Nifty. Indian markets could recover during the afternoon session but the start of the day could be negative.
Chaturvedi has suggested BUY Call for Jindal Stainless at current price for target of Rs 172 with Stop Loss at Rs 164. Chaturvedi has suggested medium term BUY Call for United Spirits at current price for target of Rs 1050 with holding period of six months.
Chaturvedi has suggested short term BUY Call for L&T Tech at current levels for target of Rs 4185 with holding period of 3 months. The stock is fundamentally strong.
Chaturvedi has suggested SELL Call for pharmaceutical counter Aurobindo Pharma at current levels for target of Rs 462 with Stop Loss at Rs 475.
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.