Kushal Gupta: BUY Shakti Pumps, TCS, Hindalco and Indian Hotels
Market expert Kushal Gupta has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets closed at record highs in yesterday’s trade and upside momentum will likely continue today as well. We can expect markets to open strong and NSE Nifty could touch another lifetime high. However, selling is also possible at higher levels as global markets have turned negative this week.
Gupta has suggested BUY Call for Shakti Pumps at current levels for target of Rs 436 with Stop Loss at Rs 418. The stock is looking strong on the charts. Gupta has suggested BUY Call for technology major TCS at current levels for target of Rs 3520 with Stop Loss at Rs 3385.
Gupta has suggested medium term BUY Call for Indian Hotels at current levels for target of Rs 370. Holding period for this call has been suggested at six months.
Gupta has suggested BUY Call for metal counter Hindalco at current levels for target of Rs 452 with Stop Loss at Rs 435.
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.