Ashwani Gujral: BUY Biocon, Escorts India, Mindtree, UPL and Shriram Transport
Market analyst Ashwani Gujral has suggested five BUY Calls and no SELL Call for today’s trading session, suggesting a bullish outlook for Indian stock markets today. Indian markets are expected to open flat today due to weakness in Asian markets. Dow Jones closed nearly one percent higher on Monday. Indian markets will be stock-specific in the next few trading sessions as companies will announced their quarterly numbers.
Gujral has suggested BUY Call for pharmaceutical major Biocon. Traders can BUY Biocon with a stop loss of Rs 456, target at Rs 474, as per Gujral. Other stock on Gujral’s BUY List for the day is Mindtree. Gujral has suggested BUY trade for Mindtree with a stop loss of Rs 1,540, target at Rs 1,600.
Among automobile stocks, Gujral has Escorts India on his radar. Traders can BUY Escorts with a stop loss of Rs 1,230, target at Rs 1,300, as per Gujral.
Gujral has suggested BUY Trade for UPL with a stop loss of Rs 500, target at Rs 525. Gujral has also suggested BUY Call for Shriram Transport with a stop loss of Rs 650, target at Rs 685.
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.