Ashwani Gujral: BUY UltraTech Cement, Berger Paints, Pidilite; SELL Larsen & Toubro and Piramal Enterprises
Market analyst Ashwani Gujral has suggested three BUY Calls and two SELL Calls for today’s trading session. Indian markets are expected to open slightly positive for the day and we could see buying in select counters. Many companies have declared better-than-expected quarterly results and we could see stock specific action in the coming weeks.
Gujral has suggested BUY Call for Berger Paints with a stop loss of Rs 620, target at Rs 665. Other stock on Gujral’s buying list for the day is cement major UltraTech Cement. Traders can initiate a BUY trade for UltraTech Cement with a stop loss of Rs 4,550, target at Rs 4,625, as per Gujral.
Gujral has suggested BUY Call for Pidilite with a stop loss of Rs 1,570, target at Rs 1,640
Gujral has suggested SELL Trade for Piramal Enterprises with a stop loss of Rs 1,230, target at Rs 1,180. Infrastructure major Larsen & Toubro is also on Gujral’s selling list for the trading session. Traders can SELL L&T with a stop loss of Rs 950, target at Rs 900, 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.