Ashwani Gujral: BUY UltraTech Cement, Nestle; SELL Apollo Hospitals, Canara Bank and Glenmark Pharma
Market analyst Ashwani Gujral has suggested two BUY Calls and three SELL calls for today’s trading session. Yesterday, Indian markets declined during the afternoon session despite strong positive move in the US markets. Indian market experts suggest that we could see correction in Indian markets in case NSE Nifty falls below 10,180 levels.
Ashwani Gujral has suggested BUY Call for UltraTech Cement with a stop loss of Rs 3,850, target at Rs 4,000. Other stock on Gujral’s radar for the trading session is FMCG major Nestle. Traders can BUY Nestle with a stop loss of Rs 17,000, target at Rs 17,600, as per Gujral.
Gujral has suggested Sell call for Apollo Hospitals with a stop loss of Rs 1,370, target at Rs 1,300. For public sector banking major Canara Bank, Gujral has suggested SELL call. Traders can Sell Canara Bank with a stop loss of Rs 104, target at Rs 92.
Gujral has also suggested SELL call for Glenmark Pharma with a stop loss of Rs 460, target at Rs 425.
Traders should keep strict Stop Loss for all the trades as markets are volatile and unexpected move in the market could lead to major loss in absence of Stop Loss.