Ashwani Gujral: BUY Sun Pharma, Apollo Tyres, Kotak Mahindra Bank, Shriram Transport and L&T Technology
Market analyst Ashwani Gujral has suggested five BUY Calls and no SELL Call for today’s trade, suggesting a bullish outlook for Indian markets. Indian markets are expected to open strong today. The US election results haven’t indicated a clear winner yet but global markets have turned bullish. Dow Jones closed 1.3 percent higher on Wednesday.
Gujral has suggested BUY Call for technology services major L&T Technology Services with a stop loss of Rs 1,700, target at Rs 1,810. Among private banks, Gujral has Kotak Mahindra Bank on his radar for the trading session. Traders can BUY Kotak Mahindra Bank with a stop loss of Rs 1,610, target at Rs 1,675, as per Gujral.
Gujral has suggested a BUY Trade for pharmaceutical major Sun Pharmaceutical Industries with a stop loss of Rs 498, target at Rs 520.
Traders can initiate a BUY Trade for Apollo Tyres with a stop loss of Rs 140, target at Rs 165, as per Gujral. Traders can BUY Shriram Transport Finance with a stop loss of Rs 780, target at Rs 805, 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.