Ashwani Gujral: BUY HDFC, Ashok Leyland, IndusInd Bank, Bajaj Finance and Havells India
Market expert Ashwani Gujral has suggested five BUY Calls and no SELL Calls for today’s trading session, suggesting a bullish outlook for Indian markets today. Indian markets are expected to open strong today as Asian markets have been trading positive. Dow Jones closed 1.6 percent higher on Monday after facing a week of decline. Select Indian stocks could see buying today and banking sector could see decent gains.
Gujral has suggested BUY Call for private banking counter IndusInd Bank with a stop loss of Rs 628, target at Rs 665. Gujral has suggested BUY Call for electric wires and equipment maker Havells with a stop loss of Rs 770, target at Rs 805.
In the financial services sector Gujral has HDFC and Bajaj Finance on his radar for the trading session. Traders can BUY HDFC with a stop loss of Rs 2,020, target at Rs 2,075, as per Gujral. Traders can initiate a BUY trade in Bajaj Finance with a stop loss of Rs 3,400, target at Rs 3,465, as per Gujral.
Gujral has suggested BUY Call for commercial vehicle maker Ashok Leyland. The stock is also on BUYING list of market analyst Mitesh Thakkar. Traders can BUY Ashok Leyland with a stop loss of Rs 79, target at Rs 87, 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.