Ashish Chaturvedi: BUY Lupin, Hindustan Unilever, Mahindra & Mahindra; SELL Indian Hotels
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 but we could also witness buying at lower levels. US markets closed negative on Wednesday and global sentiment isn’t giving any straight cues. Indian markets are still looking strong and we could see fast recovery in case the US markets open positive today.
Chaturvedi has suggested BUY Call for pharmaceutical major Lupin at current levels for target of Rs 778 with Stop Loss at Rs 763. Chaturvedi has suggested short term BUY Call for Hindustan Unilever at current price for target of Rs 2820 with holding period of one week.
Chaturvedi has suggested BUY Call for automobile major Mahindra & Mahindra at current price for target of Rs 1360 with Stop Loss at Rs 1300.
Chaturvedi has suggested SELL Call for Indian Hotels at current price for target of Rs 296 with Stop Loss at Rs 308. The stock is looking weak on technical charts.
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.