Ashish Chaturvedi: Phoenix Mills, Abbott India, Car Trade, Praj Industries
Market expert Ashish Chaturvedi has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open strong today and we can expect markets to close positive for the session. US Federal Reserve meeting yesterday indicated that the interest rates will continue going higher till the time inflation comes under control. US markets closed slightly positive after FED FOMC meeting minutes were released.
Chaturvedi has suggested BUY Call for Phoenix Mills at current price for target of Rs 1210 with Stop Loss at Rs 1150. Chaturvedi has suggested BUY Call for Praj Industries at current price for target price of Rs 390 with Stop Loss at Rs 367.
Chaturvedi has suggested medium term BUY Call for Abbott India at current price for target of Rs 24000. The holding period for this call has been suggested at 6-9 months.
Chaturvedi has suggested BUY Call for Car Trade at current price for target of Rs 640 with Stop Loss at Rs 580.
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.