Kushal Gupta: BUY Apollo Tyres, Divis; SELL BalKrishna Industries, Tata Consumer

Kushal Gupta: BUY Apollo Tyres, Divis; SELL BalKrishna Industries, Tata Consumer

Market expert Kushal Gupta has suggested two BUY Calls and two SELL Calls for today’s trading session. Indian markets are expected to open positive as global cues are positive. However, markets could see volatility as RBI will be announcing interest rate hike today. Markets are expecting 50 basis point rate hike. US markets closed slightly positive on Thursday.

Gupta has suggested BUY Call for Apollo Tyres at current price for target of Rs 239 with Stop Loss at Rs 229. The stock is looking strong on the charts. Gupta has suggested BUY Call for pharmaceutical counter Divi’s Laboratories at current price for target of Rs 4000 with Stop Loss at Rs 3850.

Gupta has suggested SELL Call for Tata Consumer Products at current price for target price of Rs 770 with Stop Loss at Rs 802. Gupta has suggested SELL Call for BalKrishna Industries Futures Contract at current price for target of Rs 2260 with Stop Loss at Rs 2350.

All trades should be carried out with strict Stop Loss. In case the trade doesn’t happen as per expectations, it is good to exit the trade if the call is in profit. TopNews will review performance of trading calls by the end of the trading session.

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