Kushal Gupta: BUY OIL India, Chennai Petro; SELL Tata Motors and Bajaj Auto
Market expert Kushal Gupta has suggested two BUY Calls and two SELL Calls for today’s trading session. Indian markets are expected to open flat today but we can see positive trading session after the last week’s decline. Markets are looking for direction from the global markets and global cues have been quite volatile in the recent days.
Gupta ha suggested BUY Call for Oil India at current price for target of Rs 191 with Stop Loss at Rs 182. The stock is looking strong on technical charts. Gupta has suggested BUY Call for Chennai Petro at current price for target of Rs 285 with Stop Loss at Rs 271.
Gupta has suggested SELL Call for Tata Motors Futures Contract at current levels for target price of Rs 419 with Stop Loss at Rs 437. Gupta has suggested SELL Call for Bajaj Auto Futures Contract at current levels for target price of Rs 3582 with Stop Loss at Rs 3710.
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.