Ashish Chaturvedi: BUY Somany Ceramics, Interglobe Aviation; SELL Granules and DLF
Market expert Ashish Chaturvedi has suggested two BUY Calls and two SELL Calls for today’s trading session. Indian markets are expected to open lower today and we can witness selling pressure in select stocks. US markets closed positive on Tuesday with Nasdaq gaining ground but Dow Jones witnessing just a slightly positive close. Asian markets were trading mixed this morning.
Chaturvedi has suggested BUY Call for Somany Ceramics at current levels for target price of Rs 1055 and Stop Loss at Rs 875. The stock is looking strong on the charts and traders can expect decent gains in this counter.
Chaturvedi has suggested BUY Trade for Indigo Airlines parent company Interglobe Aviation at current levels for target price of Rs 2420 and Stop Loss at Rs 2347.
Chaturvedi has suggested SELL Call for Granules at current levels for target price of Rs 290 and Stop Loss at Rs 303. The call has been suggested for Granules Futures contract but the trade can also be executed in cash market. Chaturvedi has suggested SELL Trade for DLF Futures contract at current price for target price of Rs 417 and Stop Loss at Rs 430.
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.