Kushal Gupta: BUY Sun Pharma, Bank of Baroda, Mahindra & Mahindra, SELL Godrej Consumer
Market expert Kushal Gupta has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open lower and we can expect a range-bound trading session. Markets can face volatility as major indices are near their all time highs. US markets closed slightly negative on Monday.
Gupta has suggested BUY Call for Bank of Baroda at current levels for target of Rs 200 with Stop Loss at Rs 192. The stock is looking strong on technical charts. Gupta has suggested BUY Call for pharmaceutical major Sun Pharma at current price for target of Rs 1035 with Stop Loss at Rs 990.
Gupta has suggested Long Term BUY Call for automobile major Mahindra & Mahindra at current levels for target of Rs 1650. The holding period for this call has been suggested at 12 months.
Gupta has suggested SELL Call for Godrej Consumer Products Futures Contract at current price for target of Rs 1040 with Stop Loss at Rs 1085.
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.