Ashish Chaturvedi: SELL Shriram Transport, M&M Finance, Asian Paints and Glenmark
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 today and we can witness selling across the board as global markets have turned bearish. Indian markets have witnessed decline over the last few sessions and NSE Nifty is technically in a weak territory. US and European markets closed negative on Friday and futures data suggests a decline today as well.
Chaturvedi has suggested SELL Call for Shriram Transport Futures Contract at current levels for target price of Rs 1057 with Stop Loss at Rs 1085. Chaturvedi has suggested SELL Call for M&M Finance at current levels for target price of Rs 135 with Stop Loss at Rs 140.
Chaturvedi has suggested SELL Trade for Asian Paints Futures Contract at current levels for target price of Rs 2650 with Stop Loss at Rs 2760. Traders can SELL Glenmark at current level for target price of Rs 418 with Stop Loss at Rs 432.
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.