Ashwani Gujral: Buy Colgate, Divi’s Labs, ICICI Prudential, Dr Reddy’s and Titan
Indian markets are expected to open strong and market analyst Ashwani Gujral has suggested BUY Calls for five stocks for traders. Two pharmaceutical companies are on Gujral’s buy list for today. Indian markets could open strong and trade sideways as the markets declined on Monday.
US market closed strong after Donald Trump announced that US government will keep emergency measures till April 30. The number of death cases and infections in the United States has been rising fast over the last few days.
Ashwani Gujral suggests Buy call for Dr Reddy's with a stop loss of Rs 2,970, target at Rs 3,050. Gujral also suggested BUY Call for Divi’s Labs. Traders can Buy Divi's Labs with a stop loss of Rs 1,880, target at Rs 1,930.
Gujral has also given BUY Call for FMCG company Colgate. Traders can BUY Colgate with a stop loss of Rs 1,190, target at Rs 1,240.
Another stock on Gujral’s buy list is ICICI Prudential. Traders can Buy ICICI Prudential with a stop loss of Rs 327, target at Rs 342. Gujral has also suggested Buy Call for Titan. The company has witnessed a quick decline in valuations due to coronavirus led panic selling. Traders can BUY Titan with a stop loss of Rs 930, target at Rs 975.