Kushal Gupta: BUY TCS, Sona BLW Precision, Berger Paints and CoForge
Market expert Kushal Gupta has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open flat today the markets are still looking forward to global cues. US markets witnessed a volatile session yesterday but closed positive. European markets are expected to open positive today. In case, the European markets open positive, we can expect Indian markets to recover during the afternoon session. Banking stocks are looking weak but there could be a recovery as some of the counters are oversold.
Gupta has suggested BUY Call for technology major TCS at current price for target of Rs 3400 with Stop Loss at Rs 3250. The stock is looking strong on technical charts. Gupta has suggested BUY Call for CoForge at current levels for target of Rs 4200 with Stop Loss at Rs 4040.
Gupta has suggested long term BUY Call for Sona BLW Precision Forgings at current price for target of Rs 500 with holding period of one year.
Gupta has suggested BUY Call for Berger Paints at current price for target of Rs 590 with Stop Loss at Rs 570.
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.