Kushal Gupta: BUY HDFC Bank, Tata Coffee, HDFC Life and India Cements
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 Asian markets have been trading firm this morning. US and European stocks closed positive on Tuesday. Markets have been trading strong over the last few sessions and we could see NSE Nifty breaking above major resistance levels in today’s trade.
Gupta has suggested BUY Call for HDFC Bank Futures Contract at current price for target of Rs 1500 with Stop Loss at Rs 1440. Gupta has suggested BUY Call for Tata Coffee at current levels for target price of Rs 206 with Stop Loss at Rs 192. The stock is looking strong on technical charts.
Gutpa has suggested BUY Call for HDFC Life at current price for target of Rs 540 with Stop Loss at Rs 519.
Traders can initiate a BUY Trade for India Cements at current levels for target price of Rs 215 with Stop Loss at Rs 206.
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.