Ashwani Gujral: BUY Bajaj Auto, Infosys, Asian Paints, BPCL and Tata Steel
Market analyst Ashwani Gujral has suggested five BUY Calls and no SELL calls for today’s trading session, suggesting a bullish outlook for Indian markets. Indian markets are expected to open strong on Tuesday. Dow Jones registered 114 points gain on Monday and Asian markets have been trading slightly positive today.
Gujral has suggested Buy Call for Asian Paints with a stop loss of Rs 1,750, target at Rs 1,820. The company announced its quarterly results for quarter ending June with a decline in profit and sales due to COVID-19 lockdowns.
Gujral has suggested Buy call for technology major Infosys with a stop loss of Rs 940, target at Rs 965. Infosys and many technology stocks have touched their 52-week high and are technically strong right now. Traders can also Buy Tata Steel with a stop loss of Rs 347, target at Rs 362.
Gujral has BPCL on his radar for the day. Traders can Buy BPCL with a stop loss of Rs 450, target at Rs 475. Gujral has also suggested Buy Call for Bajaj Auto with a stop loss of Rs 2,990, target at Rs 3,065.
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.