Kushal Gupta: BUY HDFC Bank, Asian Paints, JK Tyres and IndusInd Bank
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 witness a relief rally in NSE Nifty. Over the last few sessions, NSE Nifty has lost nearly 800 points and with global cues positive, we can expect Indian markets to see a strong performance today. Indian markets are currently in oversold territory and we can expect a good bounce this week, in case the global trends remain positive.
Gupta has suggested BUY Call for banking major HDFC Bank at current price for target of Rs 1600 with Stop Loss at Rs 1540. The stock is looking strong on technical charts. Gupta has suggested BUY Call for IndusInd Bank at current levels for target of Rs 1100 with Stop Loss at Rs 1050.
Gupta has suggested BUY Call for JK Tyres at current price for target of Rs 155 with Stop Loss at Rs 147.
Gupta has suggested BUY Call for Asian Paints at current price for target of Rs 2840 with Stop Loss at Rs 2730.
All trades should be conducted with strict Stop Loss. Markets can have unpredicted moves based on news and trends in the global markets. Stop Loss is an important strategy to reduce the risk in case the stock doesn’t move as per the call given by market experts.