Ashwani Gujral: BUY Sun Pharma, Coal India, NTPC; SELL Bajaj Finance and Axis Bank
Market expert Ashwani Gujral has suggested three BUY Calls and two SELL calls for today’s trading session. Indian markets are expected to open positive on Monday. Dow Jones closed almost flat on Friday and Asian markets have been trading positive on Monday.
Gujral has suggested BUY Call for energy PSU NTPC with a stop loss of Rs 86, target at Rs 94. Other stock on Gujral’s buying list for the day from PSU sector is Coal India. Traders can BUY Coal India with a stop loss of Rs 127, target at Rs 141.
Gujral has suggested BUY Call for pharmaceutical major Sun Pharma with a stop loss of Rs 525, target at Rs 545. Majority of pharmaceutical companies have reported strong results and most of the counters have been trading near their 52-week highs.
Gujral has suggested SELL Call for private banking major Axis Bank with a stop loss of Rs 441, target at Rs 425. Other stock on Gujral’s radar for the day is Bajaj Finance. Traders can SELL Bajaj Finance with a stop loss of Rs 3,350, target at Rs 3,275, 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.