Ashwani Gujral: BUY HDFC Life, Dr Reddy’s, Bharti Infratel; SELL UPL and M&M
Market analyst Ashwani Gujral has suggested three BUY Calls and two SELL Calls for today’s trading session. Indian markets are expected to open flat for today’s session and we could see range-bound trading session. US markets closed 0.5 percent lower on Monday.
Gujral has suggested BUY Call for Bharti Infratel with a stop loss of Rs 220, target at Rs 245. Traders can initiate a BUY Trade for insurance major HDFC Life with a stop loss of Rs 580, target at Rs 620, as per Gujral.
In pharmaceutical sector, Gujral has suggested BUY Call for Dr Reddy’s as the stock has recently given a strong breakout. Traders can BUY Dr Reddy's with a stop loss of Rs 4,400, target at Rs 4,550, as per Gujral.
Gujral has suggested SELL Call for automobile major M&M with a stop loss of Rs 616, target at Rs 590. Other stock on Gujral’s selling list for the day is UPL. Traders can SELL UPL with a stop loss of Rs 501, target at Rs 480, 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.