Kushal Gupta: BUY HCL Technologies, Tata Communications, KEC International and Indian Hotels
Market expert Kushal Gupta has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open strong today and we can expect NSE Nifty to cross major resistance levels today. US and European markets closed strong on Monday and global stocks can stage a smart recovery from last month’s decline. Indian markets are fundamentally strong and positive global cues will help in positive performance today.
Gupta has suggested BUY Call for technology major HCL Technologies at current levels for target price of Rs 950 with Stop Loss at Rs 910. Gupta has suggested BUY Call for KEC International at current price for target of Rs 458 with Stop Loss at Rs 440.
Gupta has suggested medium term BUY Call for Indian Hotels at current levels for target price of Rs 400. The holding period for this call is six months.
Gupta has suggested BUY Call for Tata Communications at current price for target of Rs 1200 with Stop Loss at Rs 1140.
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.