Go long in Bajaj Auto on 2-3% dip, says Ashish Chaturmuhta, VP Derivates and Technicals, IIFL Private Wealth Management.
IDFC can move to Rs 148-150, says Ashish Chaturmuhta, VP Derivates and Technicals, IIFL Private Wealth Management.
HUL can touch Rs 335-340 in the next four-five trading sessions, says Ashish Chaturmuhta, VP Derivates and Technical at IIFL Private Wealth Management.
Ashish Chaturmuhta, VP of Derivates and Technicals at IIFL Private Wealth Management, believes that the Nifty can drag down towards 4,700-4,800 levels, once it breaks below 5,000 levels, which has a lot of put writing.
Ashish Chaturmuhta of IIFL Private Wealth Management expects Nifty to see downside pressure because it has not been able to fill the gap created today. He sees Nifty testing 5,460-5,470 levels by end of today's session.
The market has been trading in a narrow range since past few sessions. According Ashish Chaturmuhta, vice president of derivatives and technical at IIFL Private Wealth, it would be difficult for the market to sustain around 5,400 plus levels and it may dip towards 5,350 or lower levels as well.
Tata Motors has resistance at Rs 1165, says Ashish Chaturmuhta, VP Derivatives and Technical, IIFL Private Wealth.
See 2-3% upmove in ITC, HUL and, Exide Industries, says Ashish Chaturmuhta, VP Derivatives and Technical, IIFL Private Wealth.
Below Rs 260, ONGC can slip to Rs 235-240, says Ashish Chaturmuhta, VP Derivatives and Technical, IIFL Private Wealth.
SBI can test Rs 2050-2000, says Ashish Chaturmuhta, VP Derivatives and Technical, IIFL Private Wealth.
BHEL may slip to Rs 1820-1780, says Ashish Chaturmuhta, VP Derivatives and Technical, IIFL Private Wealth.
The market has had strong run over the last eight sessions. According to Ashish Chaturmuhta, IIFL Private Wealth Management, the market could see some profit booking around 5,900 level.