Chandan Taparia’s Recommendations: How to Trade Siemens, Dixon Technology and Grasim on June 28th

Looking for expert insights on how to navigate the stock market today? Renowned market analyst Chandan Taparia, Derivative Analyst at Motilal Oswal Financial Services, has shared his recommendations for trading Siemens, Dixon Technology, and Grasim shares on June 28th.

Siemens:

Chandan Taparia suggests a buy call for Siemens, targeting a price of Rs 3,450 with a stop loss at Rs 3,370. The analyst believes Siemens has the potential to climb higher in the near term based on its current technical indicators.

Dixon Technology:

Taparia recommends a sell call for Dixon Technology, setting a target price of Rs 2,100 with a stop loss at Rs 2,170. He points to bearish signals in the stock’s technical chart, suggesting a potential downward movement.

Grasim:

For Grasim, Taparia suggests a hold strategy. While he acknowledges the stock’s positive momentum, he believes it’s currently in a consolidation phase. He recommends investors wait for a clearer trend to emerge before taking any action.

Remember: These are just recommendations, and it’s crucial to conduct your own research and due diligence before making any investment decisions. Market conditions can change quickly, and it’s vital to consider your risk tolerance and investment goals.

Key takeaways from Chandan Taparia’s recommendations:

• Siemens: Strong buy recommendation, with potential for further growth.

• Dixon Technology: Sell recommendation, indicating a possible downward trend.

• Grasim: Hold recommendation, suggesting a consolidation period before further action.

Stay informed and make informed trading decisions based on expert advice and your own comprehensive analysis.

Disclaimer: This article is intended for informational purposes only and does not constitute financial advice. Consult with a qualified financial advisor before making any investment decisions.

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