Ashish Chaturvedi: SELL Godrej Properties, Voltas, Biocon and Whirlpool
Market expert Ashish Chaturvedi has suggested four SELL Calls and no BUY Call for today’s trading session. Indian markets are expected to open lower and we can witness selling pressure in the markets today. US stocks declined on Wednesday as US Federal Reserve announced another rate hike. Indian markets are following the global trends and Asian stocks were also trading lower today.
Chaturvedi has suggested SELL Call for Godrej Properties at current levels for target price of Rs 1230 with Stop Loss at Rs 1295. The overall weakness in the markets will lead many major stocks to lower closing today. Chaturvedi has suggested SELL Call for Voltas at current price for target of Rs 883 with Stop Loss at Rs 912. The stock is looking weak on technical charts.
Chaturvedi has suggested SELL Call for Biocon at current price for target of Rs 285 with Stop Loss at Rs 293. Chaturvedi has suggested SELL Call for Whirlpool at current levels for target price of Rs 1680 with Stop Loss at Rs 1715.
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.