Kushal Gupta: BUY Persistent Systems, Praj Industries, PVR and KRBL
Market expert Kushal Gupta has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open flat today but we can witness selling pressure as markets are still facing weakness. The negative sentiment across global markets is keeping Indian stocks lower. Markets are still able to recover from intraday lows but last three sessions have seen negative close for Indian stocks. US markets are still giving mixed signals and Indian markets will be stock specific in coming days as companies will be declaring quarterly numbers.
Gupta has suggested BUY Call for Persistent Systems at current price for target of Rs 4100 with Stop Loss at Rs 3900. Gupta has suggested BUY Call for Praj Industries at current levels for target of Rs 365 with Stop Loss at Rs 350.
Gupta has suggested long term BUY Call for PVR at current levels for target of Rs 2100 with holding period of 12 months.
Gupta has suggested BUY Call for KRBL at current levels for target of Rs 402 with Stop Loss at Rs 386. The stock is looking strong on the charts.
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.