Kushal Gupta: BUY Siemens, Sula Vineyards, Asian Paints and Havells India
Market expert Kushal Gupta has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open negative today as global sentiment has again turned negative. US banking sector is facing tough times and investor sentiment has been hit. Swiss banking major Credit Suisse has been acquired by UBS in order to avoid banking troubles in Europe. But, this has led to negative sentiment among investors. Indian markets are expected to trade negative today unless there is recovery in the European markets during afternoon session.
Gupta has suggested long term BUY Call for Siemens at current price for target of Rs 4000 with holding period of 12 months. Gupta has suggested BUY Call for Sula Vineyards at current levels for target of Rs 360 with Stop Loss at Rs 343.
Gupta has suggested BUY Call for Asian Paints at current price for target of Rs 2950 with Stop Loss at Rs 2830. Gupta has suggested BUY Call for Havells India at current levels for target of Rs 1236 with Stop Loss at Rs 1185. The stock is looking strong on the charts.
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.