Ashwani Gujral: BUY Bandhan Bank, SBI, Axis Bank; SELL ONGC and Adani Ports
Market expert Ashwani Gujral has suggested three BUY Calls and two SELL Calls for today’s trading session. Indian markets are expected to open positive today and we could see high volatility as the new F&O series starts from today. Dow Jones closed 160 points higher on Thursday and Asian markets have been trading mixed this morning.
Gujral has suggested three BUY Calls from banking sector with SBI and Axis Bank on his radar for the trading session. Traders can BUY State Bank of India with a stop loss of Rs 210, target at Rs 225. Gujral has suggested BUY trade for medium sized private sector bank Bandhan Bank with a stop loss of Rs 305, target at Rs 321. Gujral has also suggested Buy Call for private banking major Axis Bank with a stop loss of Rs 468, target at Rs 490.
On the SELLING front, Gujral has suggested SELL calls for ONGC and Adani Ports. Traders can initiate a SELL Trade for energy PSU ONGC with a stop loss of Rs 84, target at Rs 72. Traders can initiate a Sell trade in Adani Ports with a stop loss of Rs 356, target at Rs 340, 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.