'BUY' OR 'SELL' recommendations by Ashwani Gujral

NEW DELHI: Indian shares rose 0.3 percent in early trade on Tuesday, in line with Asian equities, with financials leading the gains ahead of the central bank's policy review.

According to a report by Angel Broking, the trend deciding level for the day is 18,825/5,666 levels. If NIFTY trades above this level during the first half-an-hour of trade then we may witness a further rally up to 18,979-19,086/5,715-5,750 levels. However, if NIFTY trades below 18,825/5,666 levels for the first half-an-hour of trade then it may correct up to 18,717-18,563/5,631-5,582 levels.

ET Now spoke to various analysts and here's what they have to recommend for today's trade

Ashwani Gujral of ashwanigujral.com

Bank of India is a 'SELL' call with a target of Rs 385 and a stop loss of Rs 415

Rallis India Ltd is a 'BUY' call with a target of Rs 200 and a stop loss of Rs 158

Sun Pharmaceuticals Industries Ltd is a 'BUY' call with a target of Rs 550 and a stop loss of Rs 510

Voltas Ltd is a 'SELL' call with a target of Rs 128 and a stop loss of Rs 152

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Brokerage Calls

Morgan Stanley recommends a 'BUY' call on Sterlite Industries with a target price of Rs 230

Morgan Stanley downgrades Bank of India to 'SELL' with a target price of Rs 355

RBS maintains 'HOLD' on Bank of India with a target price of Rs 400

Jefferies recommends a 'BUY' on Shree Renuka Sugars Ltd with a price target of Rs 94.00

Morgan Stanley downgrades Sesa Goa to 'SELL' with a target price of Rs 300

JPMorgan downgrades JSW Energy to 'SELL' with a target price of Rs 55.00

Sudarshan Sukhani of Technical Trends

BHEL is a 'BUY' call with a target of Rs 2040 and a stop loss of Rs 1960

Hero Honda Motors Ltd is a 'BUY' call with a target of Rs 1857 and a stop loss of Rs 1802

Sun Pharmaceuticals Industries Ltd is a 'BUY' call with a target of Rs 540 and a stop loss of Rs 515

Larsen & Tourbo Ltd is a 'BUY' call with a target of Rs 1894 and a stop loss of Rs 1820

Sun TV is a 'SELL' call with a target of Rs 307 and a stop loss of Rs 328