Ashwani Gujral: BUY Axis Bank, ICICI Bank, Manappuram Finance, Shriram Transport and M&M Finance
Market analyst Ashwani Gujral has suggested five BUY Calls and no SELL Call for today’s trading session, suggesting a bullish outlook for Indian markets today. Indian markets are expected to open strong today and we can expect further buying in technology and pharmaceutical stocks. Dow Jones closed half percent lower on Friday but Asian markets have been trading positive this morning.
Gujral has suggested BUY Calls for two private sector banking majors. Traders can BUY Axis Bank with a stop loss of Rs 438, target at Rs 454, as per Gujral. Gujral has also suggested a BUY Trade for ICICI Bank with a stop loss of Rs 363, target at Rs 385.
Gold finance company Manappuram Finance is also on Gujral’s radar for the trading session. Traders can initiate a BUY trade in Manappuram Finance with a stop loss of Rs 160, target at Rs 176, as per Gujral.
Gujral has suggested BUY Call for Shriram Transport with a stop loss of Rs 650, target at Rs 675. Traders can BUY M&M Finance with a stop loss of Rs 124, target at Rs 138, 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.