Kushal Gupta: BUY Tata Consumer, ONGC, JK Tyre and Panacea Biotech
Market expert Kushal Gupta has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open flat and we can witness a range-bound session today. Markets have been in a consolidation mode and waiting for next triggers. US markets closed mixed on Wednesday and Asian stocks were trading mixed this morning.
Gupta has suggested BUY Call for energy major ONGC at current levels for target price of Rs 156 and Stop Loss at Rs 150. Traders can initiate a BUY Trade for JK Tyres at current levels for target price of Rs 141 and Stop Loss at Rs 135.
Gupta has suggested long term BUY Call for Tata Consumer Products at current levels for target price of Rs 1000 with Stop Loss at Rs 720. The suggested duration for this call is 12 months. Tata Consumer is expected to showcase strong performance in the upcoming quarters.
Gupta has suggested BUY Call for Panacea Biotech at current levels for target price of Rs 188 with Stop Loss at Rs 180.
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.