Kushal Gupta: BUY ICICI Bank, Havells India, Cadila Healthcare; SELL Godrej Properties
Market expert Kushal Gupta has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open flat today and we can witness markets to trade lower during the session. Some stocks are looking overvalued right now and a small correction would only improve confidence of market participants. Asian stocks were trading mixed this morning. European stocks closed mixed last week.
Gupta has suggested BUY Call for private banking major ICICI Bank at current levels for target price of Rs 783 and Stop Loss at Rs 755. Traders can initiate a BUY Trade for Cadila Healthcare at current levels for target price of Rs 472 and Stop Loss at Rs 455.
Gupta has suggested BUY Trade for Havells India at current levels for target price of Rs 1410 and Stop Loss at Rs 1360.
Traders can SELL Godrej Properties Futures contract at current levels for target price of Rs 2120 and Stop Loss at Rs 2200, as per Gupta. The stock is looking weak on the charts and can witness a small correction.
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.