Ashish Chaturvedi: BUY Kotak Mahindra Bank, Kajaria Ceramics, Sun Pharma; SELL HCL Technologies
Market expert Ashish Chaturvedi has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open positive today. US and European stocks closed positive on Monday and global market sentiment is looking positive. Indian markets registered decline during the afternoon session yesterday and we can expect recovery in today’s trade.
Chaturvedi has suggested BUY Call for Kotak Mahindra Bank Futures Contract at current price for target of Rs 1900 with Stop Loss at Rs 1835. Chaturvedi has suggested BUY Call for Kajaria Ceramics. The stock is looking strong on the charts. Traders can BUY Kajaria Ceramics at current levels for target price of Rs 1235 with Stop Loss at Rs 1000.
Chaturvedi has suggested BUY Call for pharmaceutical major Sun Pharma at current levels for target price of Rs 1060. The holding period for this Call is 6-9 months.
Chaturvedi has suggested SELL Call for technology major HCL Technologies at current levels for target price of Rs 994 with Stop Loss at Rs 1030.
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.