Ashwani Gujral: BUY HDFC, ITC and BPCL; SELL HCL Tech and Bharti Airtel
Market analyst Ashwani Gujral has suggested three BUY Calls and two SELL calls for today’s trading session. Indian markets are expected to open slightly negative today. Indian markets have been trading strong for the last few trading sessions. Dow Jones closed marginally lower on Tuesday.
Gujral has suggested BUY Call for finance major HDFC with a stop loss of Rs 1,800, target at Rs 1,910. Gujral has also suggested BUY Call for FMCG and cigarettes maker ITC with a stop loss of Rs 198, target at Rs 212. Among energy stocks, Gujral has suggested BUY call for PSU oil company BPCL with a stop loss of Rs 420, target at Rs 455
Gujral has suggested SELL call for Bharti Airtel with a stop loss of Rs 560, target at Rs 535. HCL Technologies has been in the news for last few sessions and the stock has witnessed strong movement. Traders can SELL HCL Tech with a stop loss of Rs 690, target at Rs 665, 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.