Ashish Chaturvedi: BUY Polycab, Phoenix Mills, GATI and GMDC
Market expert Ashish Chaturvedi has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open flat today and we might witness selling pressure at higher levels. US markets witnessed volatile session on Tuesday but closed flat. US and China are facing small tensions over Nancy Pelosi’s visit to Taiwan. We can expect stock specific action in today’s trade.
Chaturvedi has suggested BUY Call for Polycab at current price for target of Rs 2400 with Stop Loss at Rs 2360. Chaturvedi has suggested short term BUY Call for Phonemix Mills at current price for target of Rs 1400. The suggested duration for this call is one month.
Chaturvedi has suggested BUY Call for courier services major GATI at current price for target of Rs 155 with Stop Loss at Rs 142.
Chaturvedi has suggested BUY Call for GMDC at current levels for target of Rs 183 with Stop Loss at Rs 174.
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.