Ashwani Gujral: BUY Biocon, Cadila HealthCare, HDFC Bank, UltraTech Cement and Infosys
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. For the last few trading sessions, markets have been trading positive and BSE Sensex has already crossed 40,000 with NSE Nifty above 11,800. Dow Jones closed positive on Thursday and Asian markets are trading positive. Indian markets are expected to open positive but we could see selling pressure at higher levels.
Gujral has suggested BUY Call for Cadila HealthCare with a stop loss of Rs 430, target at Rs 456. Other stock on Gujral’s radar for the trading session is Biocon. Traders can initiate a BUY Trade in Biocon with a stop loss of Rs 460, target at Rs 485.
Gujral has suggested BUY Call for technology major Infosys with a stop loss of Rs 1,070, target at Rs 1,140.
Gujral has suggested BUY trade for UltraTech Cement with a stop loss of Rs 4,300, target at Rs 4,450. Gujral has suggested BUY Call for private banking major HDFC Bank with a stop loss of Rs 1,170, target at Rs 1,250.
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.