Ashwani Gujral: BUY M&M and GAIL; SELL Coal India, UPL and Bharti Infratel
Market expert Ashwani Gujral has suggested BUY Call for M&M and GAIL, SELL call for UPL, Coal India and Bharti Infratel for the trading session. US markets closed slightly higher on Wednesday as technology companies jumped by other sectors declined. The jobs report suggested further layoffs and that had an impact on investor sentiment.
Gujral suggests Buy for automobile major M&M with a stop loss of Rs 380, target at Rs 405. Other stock on Gujral’s buy list for the day is energy sector PSU GAIL. Traders can Buy GAIL with a stop loss of Rs 90, target at Rs 105.
Gujral has Bharti Infratel on his radar for the day. He suggests traders to Sell Bharti Infratel with a stop loss of Rs 165, target at Rs 150.
UPL in another stock on Gujral’s selling list for the trading session. Traders can SELL UPL with a stop loss of Rs 390, target at Rs 365.
Gujral also suggests Sell for Coal India with a stop loss of Rs 138, target at Rs 125. Traders should keep strict stop loss for all the trades as markets are highly volatile these days.
TopNews will review the performance of these trading calls by the end of the trading session.