Ashish Chaturvedi: BUY Sun Pharma, Maruti Suzuki, Godfrey Phillips; SELL Muthoot Finance

Ashish Chaturvedi: BUY Sun Pharma, Maruti Suzuki, Godfrey Phillips; 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 today and we can expect selling pressure. However, a recovery at lower levels is also possible as markets have already declined a lot, after the US Federal Reserve raised interest rates.

Chaturvedi has suggested BUY Call for pharmaceutical major Sun Pharma at current levels for target price of Rs 944 with Stop Loss at Rs 910. Chaturvedi has suggested long term BUY Call for automobile major Maruti Suzuki at current price for target of Rs 10700 with holding period of 6-9 months. The stock is fundamentally strong and medium term investors can add it to their portfolio on declines.

Chaturvedi has suggested BUY Call for Godfrey Phillips at current levels for target price of Rs 1245 with Stop Loss at Rs 1167.

Chaturvedi has suggested SELL Call for Muthoot Finance Futures Contract at current price for target of Rs 951 with Stop Loss at Rs 972.

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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