Kushal Gupta: BUY India Cements, Tata Motors; SELL Berger Paints and Indigo

Kushal Gupta: BUY India Cements, Tata Motors; SELL Berger Paints and Indigo

Market expert Kushal Gupta has suggested two BUY Calls and two SELL Call for today’s trading session. Indian markets could see a gap-up opening today as global cues are looking strong. US and European markets closed positive on Thursday and sentiment is slightly bullish. Some market participants are skeptic about the current rally but we could see NSE Nifty touching resistance levels in today’s trade. We can also expect stock specific action in the coming days.

Gupta has suggested BUY Call for India Cements at current price for target of Rs 171 with Stop Loss at Rs 163. Gupta has suggested long term BUY Call for Tata Motors at current levels for target of Rs 550. The duration of this call is 12 months.

Gupta has suggested SELL Call for Berger Paints at current levels for target of Rs 575 with Stop Loss at Rs 602. The stock is looking weak at the moment. Gupta has suggested SELL Call for Interglobe Aviation Futures Contract at current price for target of Rs 1650 with Stop Loss at Rs 1718.

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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