Ashwani Gujral: HDFC, Maruti Suzuki, Hero MotoCorp, Sun Pharma and JSW Steel
Market expert Ashwani Gujral has suggested five BUY Calls and no SELL calls for today’s trading session, suggesting a bullish outlook for Indian markets today. Dow Jones gained 164 points on Tuesday and Asian markets have been trading mixed this morning. We can expect Indian markets to open strong and we can see buying in select counters.
Gujral has suggested BUY Call for JSW Steel with a stop loss of Rs 224, target at Rs 238. In pharmaceutical sector, Sun Pharma is on Gujral’s buying list. Traders can Buy Sun Pharma with a stop loss of Rs 520, target at Rs 545.
Among automobile stocks, Hero MotoCorp and Maruti Suzuki are on Gujral’s buying list for the day. Traders can initiate a BUY trade in Maruti Suzuki with a stop loss of Rs 6,320, target at Rs 6,460. Traders can BUY Hero MotoCorp with a stop loss of Rs 2,680, target at Rs 2,800.
Traders can initiate Buy trade in HDFC with a stop loss of Rs 1,760, target at Rs 1,820, 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.