Kushal Gupta: BUY IndusInd Bank, Bata India, ITC, Kansai Nerolac; SELL Info Edge

Kushal Gupta: BUY IndusInd Bank, Bata India, ITC, Kansai Nerolac; SELL Info Edge

Market expert Kushal Gupta has suggested four BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open flat and we can witness a volatile session today. US and European markets closed slightly negative on Tuesday but there can be buying at lower levels this week. Indian markets could also see a recovery today or tomorrow as markets have witnessed decline in the last few sessions.

Gupta has suggested BUY Call for IndusInd Bank at current levels for target of Rs 1200 with Stop Loss at Rs 1155. Gupta has suggested BUY Call for Bata India Futures Contract at current levels for target of Rs 1865 with Stop Loss at Rs 1790.

Gupta has suggested medium term BUY Call for FMCG major ITC at current levels for target of Rs 375 with holding period of six months. Gupta has suggested BUY Call for Kansai Nerolac at current levels for target of Rs 480 with Stop Loss at Rs 463.

Traders can initiate a SELL Trade for Info Edge Futures Contract at current levels for target of Rs 3650 with Stop Loss at Rs 3815, as per Gupta.

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.

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