Ashwani Gujral: BUY Maruti Suzuki, Hero MotoCorp, Titan Industries, Apollo Hospitals and UltraTech Cement
Market analyst Ashwani Gujral has suggested five BUY Calls and no SELL Call for today’s trading session, suggesting a bullish outlook for markets today. Indian markets are expected to open positive as Dow Jones closed nearly 2 percent higher on Wednesday and Asian markets have been trading positive. Indian markets have been gaining ground in the last few trading sessions and BSE Sensex is near 40,000 levels while NSE Nifty is also above its crucial resistance levels. We could see further momentum and quarterly results will decide the direction of the markets this month.
Gujral has suggested BUY Call for two automobile companies today. Traders can initiate BUY trade in Maruti Suzuki with a stop loss of Rs 7,000, target at Rs 7,150, as per Gujral. Traders can initiate a BUY trade in Hero MotoCorp with a stop loss of Rs 3,200, target at Rs 3,320, as per Gujral.
Gujral has suggested BUY Call for cement major UltraTech Cement with a stop loss of Rs 4,180, target at Rs 4,300.
Gujral has suggested BUY Call for Titan Industries with a stop loss of Rs 1,230, target at Rs 1,300. Traders can BUY Apollo Hospitals with a stop loss of Rs 2,150, target at Rs 2,230, 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.