Kushal Gupta: BUY Mahindra & Mahindra, Britannia, Lupin; SELL Bandhan Bank
Market expert Kushal Gupta has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open flat today and we can witness a range-bound session. US Market closed negative on Thursday due to renewed fears about Ukraine-Russia issue. Indian markets will be following the global trends.
Gupta has suggested Long Term BUY Call for automobile major Mahindra & Mahindra at current levels for target price of Rs 1050. The suggested time period for this call is 12 months. Gupta has suggested BUY Call for FMCG major Britannia at current levels for target price of Rs 4150. The duration for this call is also one year.
Traders can initiate a BUY Trade for pharmaceutical major Lupin at current levels for target price of Rs 790 with Stop Loss at Rs 762.
Gupta has suggested SELL Call for Bandhan Bank Futures Contract at current price for target of Rs 130 with Stop Loss at Rs 325.
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.