Kushal Gupta: BUY HCL Technologies, Indian Hotels, Maharashtra Seamless and Monte Carlo
Market expert Kushal Gupta has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open flat and we can witness selling pressure in the markets today. Global cues are largely negative as today US inflation data will be announced. Investing community is concerned about high inflation and imminent interest rate hikes by US Federal Reserve. Indian markets could have a range-bound session with negative bias.
Gupta has suggested BUY Call for technology major HCL Technologies at current price for target of Rs 970 with Stop Loss at Rs 932. The company has announced better than expected quarterly numbers and the outlook is positive. Gupta has suggested medium term BUY Call for Indian Hotels. Investors can BUY the stock at current price for target of Rs 400 with holding period of six months.
Gupta has suggested BUY Call Monte Carlo at current price for target of Rs 760 with Stop Loss at Rs 730. Gupta has suggested BUY Trade for Maharashtra Seamless at current price for target of Rs 860 with Stop Loss at Rs 830.
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.