Ashwani Gujral: BUY Petronet LNG, Torrent Power; SELL Biocon, IndusInd Bank and Muthoot Finance

Ashwani Gujral: BUY Petronet LNG, Torrent Power; SELL Biocon, IndusInd Bank and Muthoot Finance

Market analyst Ashwani Gujral has suggested two BUY Calls and three SELL Calls for today’s trading session. Indian markets are expected to open slightly positive on Friday as Asian stocks have been trading mixed. Dow Jones closed nearly .5 percent higher on Thursday. Nestle, Tech Mahindra and Yes Bank will announce their quarterly results today.

Gujral has suggested BUY Call for Torrent Power with a stop loss of Rs 316, target at Rs 334. Traders can initiate a BUY Trade in Petronet LNG with a stop loss of Rs 230, target at Rs 245, as per Gujral.

Gujral has suggested SELL Trade for private banking major IndusInd Bank with a stop loss of Rs 620, target at Rs 595. Biocon will be presenting its quarterly performance and Gujral has suggested a SELL Call for Biocon today. Traders can SELL Biocon with a stop loss of Rs 440, target at Rs 415, as per Gujral.

Gold loan leader in the Indian market is also on Gujral’s selling list for the day. Traders can SELL Muthoot Finance with a stop loss of Rs 1,210, target at Rs 1,165, 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.

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