Kushal Gupta: BUY Infosys, Bata India, Bharti Airtel and ICICI Securities
Market expert Kushal Gupta has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open strong today and we can witness buying across the board in the markets today. US markets registered strong performance on Thursday after inflation numbers were released. While the inflation was high and markets tanked in the start of the session, a strong pullback rally was witnessed during the session. The bullish sentiment in the US markets has led to strong rally in the Asian markets as well.
Gupta has suggested BUY Call for technology major Infosys at current price for target of Rs 1450 with Stop Loss at Rs 1392. With positive quarterly numbers and buyback, Infosys stock should see strong performance. Gupta has suggested BUY Call for Bata India at current levels for target of Rs 1870 with Stop Loss at Rs 1800.
Medium term investors can BUY Bharti Airtel for six months at current price for target of Rs 900, as per Gupta. Traders can BUY ICICI Securities at current price for target of Rs 560. The holding period for this Call has been suggested at one week.
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.