Kushal Gupta: BUY Tata Motors, Natco Pharma, Tata Consumer and SBI Life
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 and we can see a range-bound trading session ahead of RBI’s policy meeting tomorrow. US markets have given mixed signals and we can see NSE Nifty trading with nearly 50-100 points lower compared to yesterday’s close. Markets are fundamentally strong but short term weakness can’t be ruled out.
Gupta has suggested BUY Call for Natco Pharma at current price for target of Rs 600 with Stop Loss at Rs 570. The stock is looking strong on the charts. Gupta has suggested BUY Trade for SBI Life at current price for target price of Rs 1320 with Stop Loss at Rs 1265.
Gupta has suggested long term BUY Call for Tata Consumer at current levels for target of Rs 950 with holding period of 12 months.
Gupta has suggested long term BUY Call for Tata Motors at current levels for target of Rs 510 with holding period of 12 months. The stock is looking strong. The company announced that it will raise prices of cars in January 2023.
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.