Kushal Gupta: BUY SBI Life, EIH, Thermax and Star Paper Mills
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 and we can expect selling in the markets today. However, markets could remain in a narrow range as there aren’t any major triggers in the local or international markets. US markets are also trading in a narrow range and markets are looking forward to inflation data this week.
Gupta has suggested BUY Call for SBI Life at current levels for target of Rs 1120 with Stop Loss at Rs 1170. The stock is looking strong on technical charts. Gupta has suggested BUY Call for EIH at current price for target of Rs 177 with Stop Loss at Rs 170.
Gupta has suggested long term BUY Call for Thermax at current levels for target of Rs 2500 with holding period of 12 months. Gupta has suggested long term BUY Call for paper company Star Paper Mills at current price for target of Rs 210. The suggested holding period for this call is 12 months.
All trades should be conducted with strict Stop Loss. Markets can have unpredicted moves based on news and trends in the global markets. Stop Loss is an important strategy to reduce the risk in case the stock doesn’t move as per the call given by market experts.