Ashish Chaturvedi: BUY ICICI Securities, Natco Pharma, Vardhman Textiles and Maruti Suzuki
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 trade positive for the entire session. US markets registered a recovery on Monday after last week’s decline. Global trends are looking positive for the moment and we could see stock specific action in the markets today.
Chaturvedi has suggested BUY Call for ICICI Securities at current levels for target price of Rs 570 with Stop Loss at Rs 540. Chaturvedi has suggested BUY Call for Natco Pharma at current price for target of Rs 650 with Stop Loss at Rs 630. The stock could show positive moves due to positive news on the counter.
Chaturvedi has suggested BUY Call for Vardhman Textiles at current price for target of Rs 385 with Stop Loss at Rs 357. The stock is looking strong on technical charts.
Chaturvedi has suggested medium term BUY Call for automobile major Maruti Suzuki at current levels for target price of Rs 10700. The holding period for this call has been suggested at 6-9 months.
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.