Kushal Gupta: BUY Hindalco, Tata Motors, Kansai Nerolac and Eicher Motors
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 today and we can see markets moving in a narrow range. There can be selling pressure in the markets today as we have seen a strong rally in the last few trading sessions. Markets are looking forward to direction from US markets as US Federal Reserve will be announcing interest rate hike today. The sentiment in Indian markets is largely positive but global factors will impact the market movement.
Gupta has suggested BUY Call for metal counter Hindalco at current price for target of Rs 425 with Stop Loss at Rs 412. Gupta has suggested BUY Call for Tata Motors at current levels for target of Rs 434 with Stop Loss at Rs 417.
Gupta has suggested BUY Call for Eicher Motors Futures Contract at current levels for target of Rs 3875 with Stop Loss at Rs 3735. The stock is looking strong on the charts.
Gupta has suggested BUY Call for Kansai Nerolac at current price for target of Rs 505 with Stop Loss at Rs 475.
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.