BUY Bharti Airtel, UltraTech Cement, Bajaj Finance; SELL L&T: Ashwani Gujral
Market expert Ashwani Gujral has suggested three BUY Calls and two SELL calls for traders today. Indian markets are expected to open flat today after a strong upside move yesterday. Dow Jones declined by nearly 1.6 percent on Tuesday and Asian markets have been trading flat today.
Gujral has suggested BUY Call for personal finance major Bajaj Finance. Traders can Buy Bajaj Finance with a stop loss of Rs 1,940, target at Rs 2,000. Other stock on Gujral’s radar for the day is telecom operator Bharti Airtel. Traders can Buy Bharti Airtel with a stop loss of Rs 590, target at Rs 625.
Gujral has also suggested BUY Call for cement major UltraTech Cement. Traders can initiate a Buy trade in UltraTech Cement with a stop loss of Rs 3,400, target at Rs 3,550. Indian markets have been showing strength at lower levels over the last few trading sessions.
Gujral has suggested Sell trade for engineering & infrastructure major L&T with a stop loss of Rs 810, target at Rs 760. Gujral has also given a Sell Call for UPL with a stop loss of Rs 350, target at Rs 325.
Indian markets are expected to trade in a narrow range today. The closing for market will also depend on the trends in the European markets. Please keep strict stop loss for all trades. TopNews will review performance of calls by the end of the trading session.