Market analyst Ashwani Gujral had five trading calls for traders for today’s trade for companies CIPLA, Sun Pharma, Britannia, Bajaj Finance and LIC Housing. TopNews team will evaluate each of the calls for the day with the entry price, target price and if the call was successful or the stop loss was hit. Considering the fact that market analysts keep on giving calls for different stocks but we rarely check if their calls work, we think this is an interesting initiative.

Ashwani Gurjal suggested Buy for Britannia with a stop loss of Rs 2,950, target at Rs 3,100. The stock opened at 3,075, touched a low of Rs 3,070 and touched an intraday high of Rs 3,290. The stock closed at 3,277. So, the stock went much higher than the target price suggested by Gujral. As the stock opened near its earlier close of Rs 3,062, we can consider that few lucky investors would have been able to buy it. However, at 9.30 am, Britannia was already trading above the target price of Rs 3,100. We can safely consider this trading call SUCCESSFUL.

Second trading call was a BUY CALL for Cipla with a stop loss of Rs 590, target at Rs 625. Cipla had closed at Rs 599.30 yesterday. The stock opened at Rs 600 and touched intraday high of Rs 632.65 within first 10 minutes of trade. The call was successful but only a handful of investors would have managed to buy the stock. Cipla closed at Rs 610 and the stock touched 52-week high today. We can safely consider this trading call SUCCESSFUL for traders who were able to buy the stock as the movement was sharp.

Another call from Ashwani Gujral was BUY Call for Sun Pharma with a stop loss of Rs 475, target at Rs 510. Sun Pharma touched high of Rs 504.80 and low of Rs 487 after opening at Rs 491. The stock touched 52-week high today. The call didn’t hit the target but it didn’t hit stop loss either. As the stock closed one percent higher, it can be considered as a MODERATE call.

Gujral had Sell call for Bajaj Finance with a stop loss of Rs 2,000, target at Rs 1,930. Bajaj Finance opened at Rs 2,000. The stock touched intraday low of Rs 1915 at 9.55 am and the target price was reached. Trader should have exit the trade at this point. The stock closed higher at Rs 2048. So, this call has been SUCCESSFUL.

Last call for the day from Ashwani Gujral was Sell CALL for LIC Housing with a stop loss of Rs 266, target at Rs 250. The stock opened at Rs 265 and touched an intraday high of Rs 268. With a stop loss of Rs 266, traders would have exited the trade with a minor loss. However, LIC Housing closed nearly 3 percent lower at Rs 252.85. This CALL can be termed as a FAILURE as the stop loss was hit before the target price was reached.

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