Kushal Gupta: BUY Gabriel India, HDFC Bank, Hindalco and SBI
Market analyst Kushal Gupta has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open strong today as US stocks finally registered a positive trading session after declining over the last two weeks. US markets staged a smart recovery on Thursday and we can expect global sentiment to be positive today. Indian markets could recover some lost ground in today’s trading session.
Gupta has suggested BUY Call for HDFC Bank at current price for target of Rs 1700 with Stop Loss at Rs 1630. Gupta has suggested long term BUY Call for Gabriel India at current price for target of Rs 220 with holding period of 12 months.
Gupta has suggested BUY Call for metal counter Hindalco at current levels for target of Rs 484 with Stop Loss at Rs 465. Gupta has suggested long term investment CALL for SBI at current price for target of Rs 720 with holding period of 12 months.
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.