Ashish Chaturvedi: BUY Larsen & Toubro, Sanghvi Movers, PNB Housing and Vedant Fashions
Market analyst Ashish Chaturvedi has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open positive today as NSE Nifty has finally crossed the major resistance of 18550. Nifty even closed above this resistance and market mood is upbeat. Indian markets have been trading firm over the last few sessions and finally we have seen a breakout. We can’t rule out selling pressure at higher levels but market trend is looking positive.
Chaturvedi has suggested BUY Call for Larsen & Toubro at current price for target of Rs 2100 with Stop Loss at Rs 2040. The stock is looking strong on the charts.
Chaturvedi has suggested long term BUY Call for Sanghvi Movers at current price for target of Rs 350 with holding period of 12 months. The stock is fundamentally strong.
Chaturvedi has suggested BUY Call for PNB Housing at current levels for target of Rs 455 with Stop Loss at Rs 430.
Chaturvedi has suggested BUY Trade for Vedant Fashions at current price for target of Rs 1395 with Stop Loss at Rs 1355.
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.