Ashwani Gujral: BUY ICICI Bank, Bank of Baroda, Canara Bank, Shriram Transport and Oberoi Realty
Market expert Ashwani Gujral has suggested five BUY Calls and no SELL Calls for today’s session, suggesting a bullish outlook for Indian markets. Last week, Indian markets registered smart gains despite traders turning cautious as markets have reached 6 month highs. Even in absence of any major triggers, stocks moved higher last week. Indian markets are expected to open slightly positive on Monday.
Gujral has turned bullish on banking stocks and has recommended three BUY Call for PSU and private sector banks. Traders can Buy Canara Bank with a stop loss of Rs 100, target at Rs 112, as per Gujral. Traders can also initiate a BUY trade for Bank of Baroda with a stop loss of Rs 49, target at Rs 56. Gujral has suggested BUY Call for private banking major ICICI Bank with a stop loss of Rs 400, target at Rs 425.
Gujral has suggested BUY Call for Shriram Transport with a stop loss of Rs 767, target at Rs 790. Traders can BUY Oberoi Realty with a stop loss of Rs 405, target at Rs 430, 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.