Kushal Gupta: BUY Apollo Hospitals, M&M, HCL Technologies and ICICI Bank
Market analyst Kushal Gupta has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open positive today as Asian stocks were trading positive this morning. US and European markets are showcasing positive sentiment. Indian markets closed positive on Monday after six days of declines. The sentiment is looking slightly positive but we could see selling pressure at higher levels.
Gupta has suggested BUY Call for Apollo Hospitals at current price for target price of Rs 3910 with Stop Loss at Rs 3780. Gupta has suggested BUY Call for HCL Technologies Futures Contract at current price for target price of Rs 990 with Stop Loss at Rs 950.
Gupta has suggested two Long Term BUY Calls for M&M and ICICI Bank. Investors can accumulate ICICI Bank at current price for target price of Rs 850 within 12 months. Gupta has suggested 12-month BUY Call for automobile major M&M at current price for target price of Rs 1200.
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.