Ashwani Gujral: BUY BalKrishna Industries, Glenmark, Amara Raja; SELL IndusInd Bank and Bharti Airtel
Market expert Ashwani Gujral has suggested three BUY Calls and two SELL Calls for today’s trading session. Indian markets have been declining for the last couple of sessions and we could see selling pressure in today’s trade as well. However, some select counters could see buying as the recent decline has been steep and some stocks are near their crucial support levels.
Gujral has suggested BUY Call for industrial and farming equipment tire maker Balkrishna Industries with a stop loss of Rs 1,330, target at Rs 1,385. Gujral has also suggested BUY Call for pharmaceutical major Glenmark with a stop loss of Rs 460, target at Rs 485. Gujral has suggested BUY Trade for Amara Raja Batteries with a stop loss of Rs 720, target at Rs 745.
Gujral has Bharti Airtel and IndusInd Bank on his selling list for the day. Traders can Sell Bharti Airtel with a stop loss of Rs 440, target at Rs 415, as per Gujral. Traders can initiate a SELL Trade for IndusInd Bank with a stop loss of Rs 535, target at Rs 510, as per Ashwani 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.