Ashwani Gujral: BUY TCS, BPCL; SELL Bajaj Finance, Kotak Mahindra Bank and Sun Pharma
Market analyst Ashwani Gujral has suggested two BUY calls and three SELL calls for today’s trading session. Indian market is expected to open weak today as Asian stocks have been trading weak. US stocks closed negative on Friday and we could see selling pressure in the markets during the start of the trading session.
For technology major TCS, Gujral has suggested BUY Call for today’s trading session. Traders can Buy TCS with a stop loss of Rs 2,090, target at Rs 2,170. Technology companies led by Infosys Technologies registered smart gains on Friday and we could see momentum in TCS for today’s session as well.
Traders can initiate a Buy trade in BPCL with a stop loss of Rs 390, target at Rs 415, as per Gujral.
Gujral has suggested SELL call for private finance major Bajaj Finance with a stop loss of Rs 2,940, target at Rs 2,820. Gujral also has private banking counter Kotak Mahindra Bank on his radar for the day. Traders can SELL Kotak Bank with a stop loss of Rs 1,370, target at Rs 1,320.
In the pharmaceutical space, Gujral suggests SELL call for Sun Pharma. Traders can Sell Sun Pharma with a stop loss of Rs 490, target at Rs 465.