Market expert Ashwani Gujral has suggested BUY calls and SELL calls for traders today. Indian markets witnessed impressive buying on Wednesday and benchmark BSE Sensex jumped nearly 2 percent. On Wednesday, Dow Jones closed nearly 1.5% higher. Investors are cautious but they aren’t in panic as they were during March end and April. Investors are picking stocks that are available at reasonable valuations. We can expect positive opening for Indian markets today.

Gujral has suggested Buy Call for HDFC with a stop loss of Rs 1,600, target at Rs 1,710. Other stock on Gujral’s buying list for the day is pharmaceutical major Dr Reddy's. Gujral suggests traders to initiate a BUY in Dr Reddy’s with a stop loss of Rs 3,880, target at Rs 4,000.

Gujral has also suggested BUY trade for Reliance Industries. Reliance has been in the news for its Rights Issue and three stake sale deals the company has recently announced. Gujral suggests Buy for Reliance Industries with a stop loss of Rs 1,400, target at Rs 1,510.

Gujral has two stocks on his selling list today. Traders can SELL private banking major IndusInd Bank with a stop loss of Rs 364, target at Rs 347. For telecom infrastructure major Bharti Infratel, Gujral has suggested a SELL trade with a stop loss of Rs 206, target at Rs 190.

Please keep strict stop loss for all intraday traders. TopNews will review performance of trading calls by the end of the trading session.