Ashish Chaturvedi: BUY TVS Motors, Radico Khaitan, Oil India and ABB
Market expert Ashish Chaturvedi has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open weak today and we can see markets trading in a narrow range with negative bias. US markets closed negative on Friday and selling pressure is likely to remain in the Indian markets. Depending on US futures, the closing could see slight recovery. Indian markets are still looking for major cues from global markets. US and European markets have remained range-bound over the last week.
Chaturvedi has suggested BUY Call for TVS Motor Company at current levels for target of Rs 1145 with Stop Loss at Rs 1045. Chaturvedi has suggested medium term BUY Call for Radico Khaitan at current price for target of Rs 1365 with holding period of 9-12 months.
Chaturvedi has suggested BUY Call for ABB Futures Contract at current price for target of Rs 3215 with Stop Loss at Rs 3150. Chaturvedi has suggested BUY Call for Oil India at current price for target of Rs 232 with Stop Loss at Rs 220.
All trades should be conducted with strict Stop Loss. Markets can have unpredicted moves based on news and trends in the global markets. Stop Loss is an important strategy to reduce the risk in case the stock doesn’t move as per the call given by market experts.