Ashish Chaturvedi: BUY Dabur, Sobha Limited, Siyaram Silk Mills and Kalyan Jewellers

Ashish Chaturvedi: BUY Dabur, Sobha Limited, Siyaram Silk Mills and Kalyan Jewellers

Market expert Ashish Chaturvedi has suggested four BUY Calls and no SELL Call for today’s trading session. Indian stocks are expected to open lower today amid weak global cues. US markets closed negative on Thursday after strong jobs data indicated that US Federal Reserve could raise interest rates once again. European stocks also closed negative on Thursday. Asian markets were trading weak this morning and we can expect selling pressure in Indian markets for today’s session.

Chaturvedi has suggested BUY Call for Dabur at current price for target of Rs 605 with Stop Loss at Rs 585. The stock is fundamentally strong and is also looking strong on the charts. Chaturvedi has suggested short term BUY Call for Sobha Limited at current levels for target of Rs 570 with Stop Loss at Rs 550. The stock can offer good returns amid positive news from the company.

Chaturvedi has suggested BUY Call for Siyaram Silk Mills at current price for target of Rs 570 with Stop Loss at Rs 548. The stock is looking strong on the charts and based on positive news, we can expect strength in this counter. Chaturvedi has suggested BUY Call for Kalyan Jewellers at current levels for target of Rs 158 with Stop Loss at Rs 152.

All trades should be conducted with strict Stop Loss. Markets can have unpredicted moves based on news and trends in the global markets. Stop Loss is an important strategy to reduce the risk in case the stock doesn’t move as per the call given by market experts.

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