Ashish Chaturvedi: BUY Tata Chemicals, Chennai Petro, Mahindra Life and Pricol
Market expert Ashish Chaturvedi has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open lower today as US and European stocks closed negative on Monday. Indian markets will also be looking forward to RBI monetary policy meeting. Inflation has become a major worry for central banks across the world and rising interest rates could result in further decline in global markets.
Chaturvedi has suggested BUY Call for Tata Chemicals Futures Contract at current price for target of Rs 961 with Stop Loss at Rs 927. Chaturvedi has suggested medium term BUY Call for automobile components manufacturer Pricol at current price for target price of Rs 170 with Stop Loss at Rs 100.
Chaturvedi has suggested BUY Call for Chennai Petro at current price for target of Rs 335 with Stop Loss at Rs 315.
Traders can initiate a BUY Trade for Mahindra Life at current levels for target price of Rs 440 with Stop Loss at Rs 415, as per Chaturvedi.
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.