BUY BPCL, Bharti Infratel and SELL ONGC, Reliance and Vedanta: Ashwani Gujral

BUY BPCL, Bharti Infratel and SELL ONGC, Reliance and Vedanta: Ashwani Gujral

Market expert Ashwani Gujral has suggested BUY Call for oil company BPCL and telecom infrastructure company Bharti Infratel. Indian markets are trading range-bound in today’s trading session after massive drop in the recent sessions. After Holi, Indian markets have opened with slight gains.

Ashwani Gujral has also given SELL Call for traders in Reliance Industries, ONGC and Vedanta.

As per Mr. Gujral, traders can BUY BPCL with a stop loss of Rs 416, target of Rs 440. For Bharti Infratel, Gujral suggests a BUY with a stop loss of Rs 205, target of Rs 220.

Indian markets are expected to end positive in today’s trading session as markets have witnessed quick correction due to panic about coronavirus and crude oil plunge. Crude oil has recovered from its lows and traders are expecting crude to gain slightly in the coming sessions.

Ashwani Gujral is bearish on Vedanta and has suggested SELL Call with a stop loss of Rs 100, target of Rs 85.

Gujral has also given SELL Call for Reliance Industries with a stop loss of Rs 1150, target of Rs 1025.

For oil and exploration company ONGC, Gujral has a SELL Call with a stop loss of Rs 79, target of Rs 66.

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