Kushal Gupta: BUY Ceat, Inox Leisure, Tata Power, SELL ONGC

Kushal Gupta: BUY Ceat, Inox Leisure, Tata Power, SELL ONGC

Market expert Kushal Gupta has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets have crossed major resistances in the last few trading session and we could see further strength if global markets remain positive. Indian markets are expected to open positive today as US and European markets closed positive on Wednesday. However, selling could be there but market participants believe that it would lead to buying at lower levels.

Gupta has suggested BUY Call for tyre manufacturer CEAT at current levels for target price of Rs 1380 with Stop Loss at Rs 1330. Gupta has suggested BUY Call for Inox Leisure at current levels for target of Rs 625 with Stop Loss at Rs 598.

Gupta has suggested BUY Call for Tata Power for medium term. Investors can BUY Tata Power for 12 months at current levels for target price of Rs 280.

Gupta has suggested SELL Call for energy counter ONGC at current price for target of Rs 128 with Stop Loss at Rs 135. The stock is looking weak on the charts.

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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