Ashwani Gujral: BUY ICICI Bank, Kotak Mahindra Bank, HDFC Bank, Asian Paints and UltraTech Cement
Market expert Ashwani Gujral has suggested five BUY Calls and no SELL calls for today’s trading session, suggesting a bullish outlook for Indian markets from Gujral. Indian markets are expected to open strong as Asian stocks have been trading positive. US markets closed flat on Tuesday and S&P 500 touched all-time high.
Sukhani has suggested three BUY Calls for private sector banks for today’s session. Traders can BUY Kotak Mahindra Bank with a stop loss of Rs 1,350, target at Rs 1,410, as per Gujral. Traders can also initiate a BUY Trade in ICICI Bank with a stop loss of Rs 360, target at Rs 385. Gujral has also HDFC Bank on his radar for the trading session. Traders can BUY HDFC Bank with a stop loss of Rs 1,040, target at Rs 1,085.
Gujral has also suggested BUY Call for Asian Paints with a stop loss of Rs 1,860, target at Rs 1,910.
Traders can initiate a BUY trade for cement major UltraTech Cement with a stop loss of Rs 4,100, target at Rs 4,280, as per Gujral.
All trades should be carried out with strict Stop Loss. Markets are near their highs and we can expect selling pressure at any moment in stocks that have witnessed a strong rally in the recent weeks.