Market analyst Ashwani Gujral has suggested five BUY Calls and no SELL calls for today’s session, suggesting a bullish outlook for Indian markets today. Indian markets have been hovering around their 6 month highs and we have witnessed sustained buying. The market rally has also spread out to mid-cap and select small-cap counters and traders are optimistic about markets at the moment. While the selling pressure has been witnessed at higher levels, every decline in the markets has been stemmed with buying at lower levels.

Among stocks on his BUYING list for the day, Gujral has suggested Avenue Supermarts and banking stocks. Traders can BUY Avenue Supermarts with a stop loss of Rs 2,320, target at Rs 2,400, as per Gujral. Traders can also bet on PSU banking major SBI. SBI managed to cross Rs 200 level and we can see further momentum in this counter. Traders can BUY SBI with a stop loss of Rs 200, target at Rs 215, as per Gujral.

Gujral has also suggested BUY Call for M&M Financial with a stop loss of Rs 128, target at Rs 140. Traders can initiate a BUY trade in Kotak Mahindra Bank with a stop loss of Rs 1,380, target at Rs 1,450, as per Gujral.

Gujral has suggested BUY Call for HEG with a stop loss of Rs 920, target at Rs 965.

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.