Ashwani Gujral: BUY JSPL, Muthoot Finance, Prestige Estate, Varroc Engineering and Motherson Sumi
Market analyst Ashwani Gujral has suggested five BUY Calls for today’s session and no SELL Calls, suggesting a bullish outlook for Indian markets today. Markets are expected to open strong today after highly volatile sessions witnessed last week. We can see buying in select stocks in today’s trading session.
Gujral has suggested BUY Call for gold financing major Muthoot Finance with a stop loss of Rs 1,075, target at Rs 1,120. Other stock on Gujral’s radar for the trading session is steel major JSPL. Traders can BUY JSPL with a stop loss of Rs 170, target at Rs 185, as per Gujral.
Traders can Buy Varroc Engineering with a stop loss of Rs 294, target at Rs 320, as per Gujral.
Gujral has suggested a BUY Trade for mid-size real estate developer Prestige Estate with a stop loss of Rs 238, target at Rs 254. Among automobile stocks, Gujral has suggested BUY Call for automobile components maker Motherson Sumi. Traders can BUY Motherson Sumi with a stop loss of Rs 104, target at Rs 118, 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.