Kushal Gupta: BUY Finolex Cables, MCX, Ashok Leyland and Infosys
Market expert Kushal Gupta has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open positive today and we could see further strength in the markets. US markets have been trading in a narrow range over the last few sessions and the sentiment is slightly positive in global markets.
Gupta has suggested BUY Call for MCX at current levels for target of Rs 1680 with Stop Loss at Rs 1610. The stock is looking strong on technical charts. Gupta has suggested BUY Call for Finolex Cables at current price for target of Rs 570 with Stop Loss at Rs 547.
Gupta has suggested long term BUY Call for Infosys Technologies at current levels for target of Rs 1800 with holding period of 12 months. Gupta has suggested long term BUY Call for Ashok Leyland at current price for target of Rs 175 with 12 months holding period.
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.