Ashwani Gujral Trading Call Performance for BPCL, Bajaj Finance, Axis Bank, Tata Motors and Tata Steel
Market expert Ashwani Gujral suggested five BUY Calls and no SELL call for today’s session. Indian markets opened strong today and we witnessed a strong closing with BSE Sensex gaining 1.13 percent. European markets opened strong on Tuesday and US markets closed slightly positive on Monday with Dow Jones gaining 0.62 percent. The US Federal Reserve has indicated about fresh moves to support financial sector but details of the plans are awaited. Overall sentiment in the global markets is positive.
Gujral suggested BUY Call for Tata Steel with a stop loss of Rs 300, target at Rs 321. Tata Steel opened at 315 and touched intraday high of Rs 322 (reaching our target price) within 20 minutes of trading session. This call has been SUCCESSFUL. Tata Steel closed at Rs 308.
Gujral suggested BUY trade in Tata Motors with a stop loss of Rs 96, target at Rs 108. Tata Motors opened the session at Rs 102 and touched intraday high of Rs 103.50. The stock touched intraday low of Rs 92, hitting our stop loss at Rs 96. This call has FAILED.
Gujral also suggested BUY Call for Bajaj Finance with a stop loss of Rs 2,300, target at Rs 2,450. Bajaj Finance opened the trading session at Rs 2452. The stock opened above out target price. This call couldn’t be executed.
Private Banking major Axis Bank was also on Gujral’s buying list for today’s session. Gujral suggested BUY for Axis Bank with a stop loss of Rs 380, target at Rs 405. Axis Bank opened at Rs 404.90, almost at our target price. This call couldn’t be executed as target price was achieved in the first trade. Axis Bank ended the day negative compared to previous close.
Gujral suggested BUY Call for oil PSU BPCL with a stop loss of Rs 350, target at Rs 375. BPCL opened at Rs 369.80 and touched intraday high of Rs 372.15. The stock touched intraday low of Rs 356. This call has been moderately successful.