Kushal Gupta: BUY Tata Communications, BEML, Bharti Airtel and Hero MotoCorp
Market expert Kushal Gupta has suggested four BUY Calls and no SELL Calls for today’s trading session. Indian markets are expected to open lower today. US markets closed lower on Wednesday and European stocks were also showing signs of weakness. Asian markets opened lower this morning and we can expect select stocks to trade lower on the Indian markets today.
Gupta has suggested BUY Call for Tata Communications at current levels for price target of Rs 1290 and Stop Loss at Rs 1230. Traders can initiate a BUY Trade for telecom major Bharti Airtel at current price for target of Rs 740 and Stop Loss at Rs 714, as per Gupta.
Gupta has suggested two long term calls for investors. PSU counter BEML can be bought at current levels for target price of Rs 1900 in six months. For automobile major Hero MotoCorp, Gupta has suggested BUY Call for target price of Rs 3250 for time duration of 12 months.
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.