Ashish Chaturvedi: BUY Liberty Shoes, Redington; SELL Biocon and MCX

Ashish Chaturvedi: BUY Liberty Shoes, Redington; SELL Biocon and MCX

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 tracking the weakness in global markets. However, we could see some recovery in the markets later during the session. European stocks were trading mixed on Tuesday while Nasdaq ended lower after a volatile session. Markets are lacking any major triggers and US markets are currently waiting for Federal Reserve’s next policy meeting.

Chaturvedi has suggested BUY CALL for Liberty Shoes at current levels for target price of Rs 189 with Stop Loss at Rs 172. Traders can BUY Redington at current levels for target price of Rs 160 with Stop Loss at Rs 150.

Chaturvedi has suggested SELL CALL for Biocon Futures Contract at current levels for target price of Rs 286 with Stop Loss at Rs 296. Chaturvedi has suggested SELL Trade for MCX Futures at current price for target of Rs 1235 with Stop Loss at Rs 1265.

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.

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