Kushal Gupta: BUY Piramal Enterprises, PNB Housing; SELL HCL Technologies and SBI Cards
Market expert Kushal Gupta has suggested two BUY Calls and two SELL Calls for today’s trading session. Indian markets are expected to open positive today and we can see NSE Nifty breaching another resistance. The market sentiment is strong but global trends are turning weak in the recent times. Nasdaq is under pressure as major technology companies have announced quarterly numbers that have disappointed the street. Indian markets are still strong but we could see selling this week.
Gupta has suggested BUY Call for PNB Housing at current price for target of Rs 470 with Stop Loss at Rs 440. The stock is looking strong on the charts. Gupta has suggested BUY Call for Piramal Enterprises at current levels for target of Rs 880 with Stop Loss at Rs 835.
Gupta has suggested SELL Call for HCL Technologies at current price for target of Rs 1005 with Stop Loss at Rs 1050. Traders can SELL SBI Cards at current price for target of Rs 835 with Stop Loss at Rs 875.
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.