Ashwani Gujral: BUY Axis Bank, SBI, ICICI Bank, Havells India and HPCL
Market analyst Ashwani Gujral has suggested five BUY Calls and no SELL Calls for today’s trading session. Indian markets are expected to open positive and we could see stock specific action. Many companies will be announcing their quarterly numbers this week and market players are expecting a lot of action this week. RBI kept the policy rates unchanged in its meeting last week.
Gujral has selected three banking counters as BUY Calls for today’s trading session. Traders can BUY private banking major ICICI Bank with a stop loss of Rs 390, target at Rs 415, as per Gujral. Gujral has also suggested BUY Call for another private banking major Axis Bank with a stop loss of Rs 460, target at Rs 486. In the PSU Banking space, Gujral has suggested BUY Trade for SBI with a stop loss of Rs 194, target at Rs 208.
Gujral has also suggested BUY Call for PSU energy major HPCL with a stop loss of Rs 172, target at Rs 186.
Traders can initiate a BUY Trade in electric equipment and wires manufacturer Havells India with a stop loss of Rs 700, target at Rs 725, 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.