Kushal Gupta: BUY ONGC, Oil India, Britannia and Info Edge
Market expert Kushal Gupta has suggested four BUY Calls and no SELL Call for today’s trading session. This week, Indian markets are expected to remain range-bound as there isn’t any major trigger and we can expect stock specific action. Indian markets are expected to open positive today but we can witness a volatile session. The markets sentiment is still cautious and Asian stocks were trading mixed this morning. Dow Jones closed almost flat while Nasdaq declined on Tuesday.
Gupta has suggested BUY Call for PSU energy major ONGC Futures at current levels for target price of Rs 151 and Stop Loss at Rs 143. Gupta has suggested BUY Call for Oil India at current levels for target price of Rs 204 with Stop Loss at Rs 195.
Gupta has suggested medium term BUY Call for FMCG major Britannia Industries at current levels. Traders can expect target price of Rs 4200 within six months.
Gupta has suggested BUY Call for Info Edge for target price of Rs 6200 with Stop Loss at Rs 5900.
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.