Kushal Gupta: BUY Infosys, Havells India; SELL Oberoi Realty, Maruti Suzuki
Market expert Kushal Gupta has suggested two BUY Calls and two SELL Call for today’s trading session. Indian markets are expected to open strong today as US and Asian markets have given positive signals. RBI raised repo rate and Indian markets witnessed a sharp correction in yesterday’s afternoon session. We can expect a pullback rally in today’s trade.
Gupta has suggested BUY Call for technology major Infosys Futures Contract at current levels for target price of Rs 1580 with Stop Loss at Rs 1520. Infosys has seen a strong correction after the company announced quarterly results and we can now expect the stock to regain some of the lost ground. Gupta has suggested BUY Call for Havells India for medium term at current levels for target price of Rs 1500. The suggested duration for this call is three months.
Gupta has suggested SELL Call for Oberoi Realty at current levels for target price of Rs 885 with Stop Loss at Rs 935. The stock is looking weak on technical charts. Gupta has suggested SELL Call for automobile major Maruti Suzuki at current price for target of Rs 7180 with Stop Loss at Rs 7480.
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.