Ashwani Gujral: BUY HCL Technologies, Infosys, Bajaj Finance, Hero MotoCorp and Britannia
Market expert Ashwani Gujral has suggested five BUY Calls and no SELL Call for today’s trading session, suggesting a bullish outlook for Indian markets. We witnessed strength in the markets on Monday and early cues from Asian markets suggest that NSE Nifty could open with 100 point gains. Dow Jones closed flat on Monday but outlook for Indian markets is strong for the trading session. NSE Nifty is above its major resistance levels and we could see further momentum in select stocks this week.
Gurjal suggests BUY calls for HCL Technologies and Infosys. Traders can BUY Infosys with a stop loss of Rs 930, target at Rs 965, as per Gujral. Traders can also initiate a Buy trade in HCL Tech with a stop loss of Rs 640, target at Rs 675.
Gujral has suggested Buy Call for Bajaj Finance with a stop loss of Rs 3,400, target at Rs 3,520. In the FMCG space, Gujral has Britannia Industries on his radar for the trading session. Traders can BUY Britannia with a stop loss of Rs 3,950, target at Rs 4,030.
Traders can initiate a BUY trade in automobile major Hero MotoCorp with a stop loss of Rs 2,830, target at Rs 2,910, as per Gujral.
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.