Kushal Gupta: BUY Biocon, India Cements, Mahindra & Mahindra and TCS
Market expert Kushal Gupta has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open lower today as global cues are negative. Indian markets have been firm over the last few sessions and we have witnessed markets touching all-time highs last week. Indian markets will be looking for cues from European and US markets during the afternoon session. The overall trend is positive and we could see stock specific action in today’s trade.
Gupta has suggested BUY Call for India Cements at current levels for target of Rs 246 with Stop Loss at Rs 236. The stock is looking strong on the charts and on back of positive news, it could offer quick returns to traders.
Gupta has suggested BUY Trade for automobile major Mahindra & Mahindra at current price for target of Rs 1680 with Stop Loss at Rs 1610. The stock is looking strong on the charts.
Gupta has suggested BUY Call for Biocon Futures Contract at current levels for target of Rs 285 with Stop Loss at Rs 268.
Gupta has suggested long term BUY Call for technology major TCS at current price for target of Rs 4100. The holding period for this call has been suggested at one year.
All trades should be conducted with strict Stop Loss. Markets can have unpredicted moves based on news and trends in the global markets. Stop Loss is an important strategy to reduce the risk in case the stock doesn’t move as per the call given by market experts.