Ashish Chaturvedi: BUY Sanghvi Movers, DLF, GIC Housing and Timken India
Market expert Ashish Chaturvedi has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets are hovering around all-time high for NSE Nifty but 18550 is proving as a major resistance for Nifty. Local markets are showcasing bullish trends but global cues are muted this week. Indian markets are also trading sideways for the last two sessions. There isn’t any major trigger in the markets this week. We can expect markets to witness range-bound trading session today.
Chaturvedi has suggested long term BUY Call for Sanghvi Movers at current price for target of Rs 340 with holding period of 12 months. The stock is fundamentally strong and can offer decent returns to medium and long term investors.
Chaturvedi has suggested BUY Call for real estate major DLF on the back of positive news on the counter. DLF can be bought at current price for target of Rs 409 with Stop Loss at Rs 398. Chaturvedi has suggested BUY Call for GIC Housing at current price for target of Rs 160 with Stop Loss at Rs 136.
Chaturvedi has suggested BUY Call for Timken India at current levels for target of Rs 3000 with Stop Loss at Rs 2900.
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.