Ashish Chaturvedi: BUY Subros, ITC, Sequent Scientific; SELL Polycab India and Bandhan Bank

Ashish Chaturvedi: BUY Subros, ITC, Sequent Scientific; SELL Polycab India and Bandhan Bank

Market expert Ashish Chaturvedi has suggested three BUY Calls and two SELL Calls for today’s trade. Indian markets are expected to open lower today. We can expect markets to remain lower in today’s trade and recovery can only be expected if European markets or US Futures open positive. US markets closed slightly negative on Monday after last week’s positive moves. Indian markets are hovering around all-time highs and some market participants are expecting a small correction.

Chaturvedi has suggested BUY Call for FMCG major ITC at current price for target of Rs 460 with Stop Loss at Rs 451. Chaturvedi has suggested BUY Call for Subros at current levels for target of Rs 375 with Stop Loss at Rs 355.

Chaturvedi has suggested BUY Call for Sequent Scientific at current levels for target of Rs 82 with Stop Loss at Rs 78. The stock looks strong on the charts.

Chaturvedi has suggested SELL Trade for Polycab India at current price for target of Rs 3450 with Stop Loss at Rs 3540. Chaturvedi has suggested SELL Call for Bandhan Bank at current price for target of Rs 246 with Stop Loss at Rs 252.

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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