Ashwani Gujral: BUY HDFC, SBI, IndusInd Bank; SELL Infosys, Hindustan Unilever
Market expert Ashwani Gujral has suggested three BUY Calls and two SELL Calls for today’s trading session. Indian markets are expected to trade in a narrow range today as there aren’t any major triggers for the markets. Indian markets are looking forward to the quarterly results in October and we could see stock specific action.
Gujral has suggested three BUY Call for banking and finance sector stocks today. Traders can BUY financial services major HDFC with a stop loss of Rs 1,700, target at Rs 1,765, as per Gujral. PSU banking major SBI is also on Gujral’s buying list for the session. Traders can BUY SBI with a stop loss of Rs 188, target at Rs 202, as per Gujral.
Gujral has suggested BUY Call for private banking major IndusInd Bank with a stop loss of Rs 606, target at Rs 625.
Gujral has suggested SELL call for HUL with a stop loss of Rs 2,120, target at Rs 2,050. Infosys has been touching 52-week high in the recent trading sessions and Gujral feels that the stock could decline in today’s trade. Traders can initiate a SELL Trade for Infosys with a stop loss of Rs 1,020, target at Rs 960, 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.