Ashwani Gujral: BUY Titan, Tata Motors, Axis Bank; SELL UltraTech Cement and Zee
Market expert Ashwani Gujral has suggested three BUY calls and two SELL calls for today’s trading session. Indian markets have been trading strong for the last few trading sessions and NSE Nifty touched 10,300 in yesterday’s trade. Dow Jones Industrial Average jumped by 1.7 percent on Monday indicating optimism among traders and investors.
Gujral has suggested traders to BUY Titan with a stop loss of Rs 1,020, target at Rs 1,065. Gujral also has a private sector banking major on his buying list for the trading session. Traders can initiate a BUY trade in Axis Bank with a stop loss of Rs 425, target at Rs 450. Among automobile companies, Gujral suggests a BUY for Tata Motors. Traders can BUY Tata Motors with a stop loss of Rs 112, target at Rs 124.
Gujral has two sell calls for today’s trading session. Traders can SELL Zee with a stop loss of Rs 202, target at Rs 187. Cement counter UltraTech Cement can be SOLD with a stop loss of Rs 3,820, target at Rs 3,700.
Yesterday, markets opened strong but we witnessed decline in many stocks by the afternoon session. Markets witnessed selling pressure at higher levels. TopNews will review trading call performance by the end of the trading session.