Kushal Gupta: BUY Indian Hotels, Escorts, M&M and Gabriel India
Market expert Kushal Gupta has suggested four BUY Calls and no SELL Calls for today’s trading session. Indian markets are expected to open lower today as Asian stocks were trading lower this morning. Indian markets closed lower in yesterday’s trade and we can expect selling pressure to drag major indices down during the early trade.
Gupta has suggested BUY Call for Indian Hotels at current levels for target price of Rs 223 and Stop Loss at Rs 214. Hotels sector is expected to bounce back after the COVID-19 lockdowns have been lifted. Gupta has suggested BUY Call for automobile major Escorts Limited at current price for target of Rs 1675 and Stop Loss at Rs 1605.
Gupta has suggested BUY Call for automobile major Mahindra & Mahindra at current levels for target price of Rs 990 and Stop Loss at Rs 945.
Gabriel India is on Gupta’s radar for the trading session. Traders can BUY Gabriel India at current levels for target of Rs 151 and Stop Loss at Rs 144.
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.