Ashwani Gujral: BUY TCS, UPL and Sun Pharma; SELL HDFC, Kotak Mahindra Bank
Market expert Ashwani Gujral has suggested three BUY Calls and two SELL calls for today’s trading session. Indian market is expected to open low and we could see around 70 points decline in NSE Nifty, based on the trading trends for SGX Nifty. Dow Jones closed almost half percent higher on Friday.
Gujral has suggested Buy Call for pharmaceutical major Sun Pharma with a stop loss of Rs 530, target at Rs 565. Other stock on Gujral’s list for the day is technology major TCS. Traders can initiate a BUY trade in Tata Consultancy Services with a stop loss of Rs 2,260, target at Rs 2,320.
Gujral has suggested Buy Call for UPL with a stop loss of Rs 470, target at Rs 495.
On the selling side, Gujral has two private banking majors on his selling list for the trading session. Traders can Sell Kotak Mahindra Bank with a stop loss of Rs 1,395, target at Rs 1,330. Traders can Sell financing major HDFC with a stop loss of Rs 1,800, target at Rs 1,750.
All trades should be carried out with strict stop loss. TopNews will review trading call performance by the end of the trading session.