Ashwani Gujral, the well-known trader offers daily share market tips. His tips have the capacity to perform and deliver good profit to traders.
Such intraday tips are very valuable for traders who do day-trading in the stock market. The traders need tips about what stocks will move up and what stocks will move down. The traders play on the volatility of the stock and are able to generate profit on a daily basis.
Day trading can be a very profitable exercise. This is demonstrated by the fact that Ashwani Gujral tweeted about the fact that he had made a profit of Rs. 1,45,978 by trading in Bank Nifty Futures.
Profits in an hour!!! pic.twitter.com/ElJrR1czCo
— Ashwani gujral (@GujralAshwani) August 18, 2016
There are several traders who have made millions and even billions by doing day-trading in stocks.
Some well known traders include George Soros and Jesse Lauriston Livermore who have made a fortune by trading in stocks.
Some other well known traders in the stock market include S. P. Tulsian and Sudarshan Sukhani.
Share Market Tips Of Ashwani Gujral
(i) Cipla has made a long-term bottom, probably will get to Rs 625-630.
(ii) Hindalco Industries and Tata Steel have come off corrections in view of China news that could be a good day on metals. They consistently should do another 10-15 percent higher. Metals is one place to look at.
(iii) Fortis Healthcare is underperforming the market so it has trouble at Rs 190-195 zone. However, once we can get past this zone, chances are you could see a rally right up to Rs 245-250.
(iv) Biocon is breaking out in the healthcare space and could reach Rs 950-970 fairly soon.
(v) LIC Housing can be bought with a stop loss at about Rs 550 and target of Rs 582.
(vi) Punjab National Bank (PNB) is a buy with a stop loss of Rs 122 and target of Rs 136.
(vii) Indraprastha Gas (IGL) is a buy with a stop loss of Rs 686 and target of Rs 720.
(viii) Stocks which haven’t done well or which haven’t gone up, even those are moving higher. So, look at stocks which haven’t done well. However, Rural Electrification Corporation, Power Finance Corporation and PSU banks are going up. J Kumar Infraprojects is something you can look at.
(ix) Punjab National Bank (PNB) is a buy with a stop loss of Rs 118 for target of Rs 132. Bank of India (BoI) is a buy with a stop loss of Rs 110 for target of Rs 122.
(x) Britannia Industries has taken out almost months worth of action over these two or three bars. Very strong buying is here. This is a buy with a stop loss of Rs 3,200 and still look for targets of Rs 3,350.
(xi) Ajanta Pharma hasn’t had any corrections. The strong trend is here. It is a buy with a stop loss of Rs 1,860 for target of Rs 2,000.
(xii) Voltas showed upside on Friday. It is a buy with a stop loss of Rs 354 for target of Rs 380.
(xiv) Power Grid is buy with a stop loss of Rs 178 for target of Rs 192. Bajaj Finance is a buy with a stop loss of Rs 10,000 for target of Rs 10,650. Axis Bank is a sell with a stop loss of Rs 592 for target of Rs 565.
(xv) ICICI Bank has gone through a massive correction. It went to Rs 275 odd and from there it is corrected fairly sharply. Rs 235-240 is a nice base and we should get towards Rs 275-280 at some point.
(xvi) Today is the day of midcaps. Delta Corp is a buy with a stop loss of Rs 130 and target of Rs 145. It has crossed multi-year highs and it is never probably got to these levels. It is now finally heading towards levels of Rs 190-200.
(xvii) Tata Steel is a buy with a stop loss of Rs 380 and target of Rs 405. Berger Paints is a buy with a stop loss of Rs 234 and target of Rs 250.