Ashwani Gujral: BUY TCS, Apollo Hospitals; SELL Bharti Airtel, JSW Steel and Maruti Suzuki
Market analyst Ashwani Gujral has suggested two BUY Calls and three SELL Calls for today’s trade. Indian markets witnessed a sharp fall yesterday after positive opening and markets have given up over 2 percent. Banking stocks were among major losers yesterday. Currently, the market is weak and we expect a negative opening for today’s session.
Gujral has suggested BUY Call for technology major TCS with a stop loss of Rs 2,440, target at Rs 2,510. Gujral has suggested BUY Call for Apollo Hospitals with a stop loss of Rs 1,800, target at Rs 1,885.
Gujral has suggested SELL Call for JSW Steel with a stop loss of Rs 276, target at Rs 260. Other stock on Gujral’s selling list is telecom major Bharti Airtel. Traders can Sell Bharti Airtel with a stop loss of Rs 472, target at Rs 455.
Gujral has also suggested SELL Call for automobile major Maruti with a stop loss of Rs 6,670, target at Rs 6,500.
Indian markets could test support levels today and we could see decline in trading session but there are many levels that can offer support. Today’s closing will be crucial for markets.
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.