Ashwani Gujral: Buy Maruti Suzuki, Jubilant Life; SELL Tata Steel, Axis Bank and Adani Ports
Market expert Ashwani Gujral has suggested two BUY Calls and three SELL Calls for today’s trading session. Indian markets have been trading mixed over the last week and with absence of many major triggers this week, we could expect sideways movement in Indian stocks. The market is expected to open slightly lower today and we could see stock specific action during the trading session.
Gujral has suggested BUY Call for automobile major Maruti Suzuki with a stop loss of Rs 7,000, target at Rs 7,250. Other stock on Gujral’s buying list for the day is from pharmaceutical sector. Traders can BUY Jubilant Life with a stop loss of Rs 805, target at Rs 850, as per Gujral.
Gujral has three stocks on his radar for the day under SELL Call. Traders can SELL Axis Bank with a stop loss of Rs 463, target at Rs 440, as per Gujral.
Traders can initiate a SELL Trade for Tata Steel with a stop loss of Rs 426, target at Rs 408. Traders can SELL Adani Ports with a stop loss of Rs 306, target at Rs 344, 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.