Indian markets registered nearly 2 percent gains yesterday with BSE Sensex closing at 30,818 after a strong trading session. Market expert Ashwani Gujral suggested three BUY Calls and two SELL calls for traders on Wednesday. TopNews has reviewed the performance of trading calls announced by Gujral yesterday.

Gujral suggested BUY Call for personal finance major Bajaj Finance with a stop loss of Rs 1,940, target at Rs 2,000. Bajaj Finance opened at Rs 1970 compared to earlier close of Rs 1965. The stock jumped soon and reached target price within 30 minutes of trading session. Bajaj Finance touched intraday high of Rs 2060 and closed at Rs 2059. This call was highly SUCCESSFUL.

Other stock on Gujral’s radar for the day was telecom operator Bharti Airtel with a stop loss of Rs 590, target at Rs 625. Bharti Airtel opened at Rs 605 and touched high of Rs 612. The stock couldn’t reach the target price and slide in stock valuation started. The stock hit stop loss by 11.45 am and touched intraday low of Rs 588. This call has FAILED.

Gujral also suggested BUY Call for cement major UltraTech Cement with a stop loss of Rs 3,400, target at Rs 3,550. UltraTech Cement opened at 3,449 and touched intraday high of Rs 3,599. The stock touched our target price and closed at Rs 3,545. This call was been SUCCESSFUL.

Gujral suggested SELL call for infrastructure major L&T for Wednesday. Traders were suggested to SELL L&T with a stop loss of Rs 810, target at Rs 760. L&T opened at Rs 800 and was at Rs 810 within first 5 minutes of trade. The stock touched our Stop Loss. Even if any trader had taken position in this stock, it would have hit stop loss with minimum loss of Rs 10 per share. This call has FAILED as the stock opened strong.

Gujral also suggested a Sell Call for UPL with a stop loss of Rs 350, target at Rs 325. This call also FAILED as the stock opened high and traded high without touching the target. Stop Loss was hit in this trade.