Kushal Gupta: BUY Kotak Mahindra Bank, TVS Motor, Bharat Forge and Timken India
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 if the global trends remain positive, we could see NSE Nifty reaching 17400 during the next week. Ajit Mishra, VP - Research, Religare Broking Ltd feels that as NSE Nifty has crossed major resistance of 16800 yesterday, we could see markets scaling further. US markets closed positive on Thursday.
Gupta has suggested BUY Call for private banking major Kotak Mahindra Bank at current price for target of Rs 1880 with Stop Loss at Rs 1815. Gupta has suggested BUY Call for TVS Motor Company Futures Contract at current price for target of Rs 887 with Stop Loss at Rs 850. The stock is looking strong on the charts.
Gupta has suggested BUY Call for Bharat Forge at current price for target price of Rs 753 with Stop Loss at Rs 720.
Gupta has suggested BUY Call for Timken India at current levels for target of Rs 3067 with Stop Loss at Rs 2930.
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.