Ashish Chaturvedi: BUY Lincoln Pharma, JSW Energy, Nazara Technologies and Delta Corp
Market expert Ashish Chaturvedi has suggested four BUY Calls and no SELL Call for today’s trading session, indicating a bullish outlook for Indian markets. Indian markets are expected to open positive but we can also witness selling at higher levels. Markets are currently trading at higher valuations and many market participants are expecting a correction. But the mood is bullish at the moment and markets are also getting support from positive sentiment in the global markets.
Chaturvedi has suggested BUY Call for pharmaceutical counter Lincoln Pharma at current price for target of Rs 430 with Stop Loss at Rs 410. The stock is looking strong on the charts and can offer good returns in short term. Chaturvedi has suggested short term BUY Call for JSW Energy at current levels for target of Rs 350 with Stop Loss at Rs 280. The stock can offer good returns if markets remain positive.
Chaturvedi has suggested BUY Call for Nazara Technologies at current price for target of Rs 744 with Stop Loss at Rs 720. The stock is looking strong on the charts and based on positive news, we can expect strength in this counter. Chaturvedi has suggested BUY Call for Delta Corp at current levels for target of Rs 257 with Stop Loss at Rs 248.
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.