Ashwani Gujral: BUY ICICI Bank, Bajaj Finance, Tata Chemicals, SBI Life and Cholamandalam
Market analyst Ashwani Gujral has suggested five BUY Calls and no SELL Calls for today’s session, suggesting a bullish view on Indian equities. Indian markets are expected to open positive on Thursday as global markets have given positive cues. Indian markets are near their highest level since February 2020 and quarterly results would decide the market direction. Dow Jones closed half percent lower on Wednesday.
Gujral is bullish on financial services and banking stocks for the session with four stocks picked from these sectors. Gujral has suggested BUY Call for SBI Life with a stop loss of Rs 800, target at Rs 835. Other stock on Gujral’s radar for the day is private banking major ICICI Bank. Traders can initiate a BUY Trade in ICICI Bank with a stop loss of Rs 400, target at Rs 421, as per Gujral.
Gujral has also suggested BUY Trade Bajaj Finance with a stop loss of Rs 3,340, target at Rs 3,460. Traders can initiate a BUY trade in Cholamandalam Finance with a stop loss of Rs 244, target at Rs 260, as per Gujral.
Gujral has suggested BUY Call for Tata Chemicals with a stop loss of Rs 312, target at Rs 330 as the stock is looking strong on the charts.
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.