Kushal Gupta: BUY Hatsun Agro; SELL TCS, HDFC Bank and Birlasoft
Market expert Kushal Gupta has suggested one BUY Call and three SELL Calls for today’s trading session. Indian markets are expected to open negative today as US and European markets declined on Tuesday following high inflation data for US market. The recent positive sentiment in the markets has been hit badly by high inflation which could lead to interest rate hikes by central banks.
Gupta has suggested BUY Call for Hatsun Agro on declines. Traders can BUY Hatsun Agro for target price of Rs 1142 with Stop Loss at Rs 1100. The stock is looking strong on the charts.
Gupta has suggested SELL Call for technology major TCS Futures Contract at current levels for target price of Rs 3142 with Stop Loss at Rs 3275. Gupta has suggested SELL Call for HDFC Bank at current levels for target price of Rs 1475 with Stop Loss at Rs 1550.
Gupta has suggested SELL Call for Birlasoft at current price for target of Rs 326 with Stop Loss at Rs 342.
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.