Ashish Chaturvedi: BUY Nitin Spinners, Century Enka, Gulf Oil; SELL Muthoot Finance

Ashish Chaturvedi: BUY Nitin Spinners, Century Enka, Gulf Oil; SELL Muthoot Finance

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 and we can witness selling pressure as NSE Nifty couldn’t hold above major resistance levels on Friday. The sentiment in the global markets is slightly negative and volatility is higher.

Chaturvedi has suggested BUY Call for Nitin Spinners at current price for target of Rs 350. The holding period for this Fundamental Call is one week. Chaturvedi has suggested BUY Call for Century Enka at current price for target price of Rs 670 with Stop Loss at Rs 605.

Chaturvedi has suggested BUY Call for Gulf Oil at current levels for target price of Rs 485 with Stop Loss at Rs 462.

Chaturvedi has suggested SELL Call for Gold Finance Company Muthoot Finance Futures Contract at current levels for target price of Rs 1390 with Stop Loss at Rs 1433.

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.

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