Kushal Gupta: BUY TCS, Maruti Suzuki, JSPL; SELL Balkrishna Industries
Market expert Kushal Gupta has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open strong today and we could see markets gaining some ground lost during the last week. US markets closed positive on Thursday and global markets are waiting for US Federal Reserve’s upcoming meeting. Market players can expect higher volatility in the coming days.
Gupta has suggested BUY Call for technology major TCS at current price for target price of Rs 3320 with Stop Loss at Rs 3180. Traders can BUY JSPL Futures contract at current levels for target price of Rs 415 with Stop Loss at Rs 397, as per Gupta.
Gupta has suggested medium term BUY Call for automobile major Maruti Suzuki at current price for target price of Rs 9800. Holding period for this call has been suggested at six months.
Gupta has suggested SELL Call for Balkrishna Industries Futures Contract at current levels for target price of Rs 2020 with Stop Loss at Rs 2105.
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.