Kushal Gupta: BUY TCS, UPL, Petronet LNG and IIFL Wealth
Market expert Kushal Gupta has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets are showing strength but global sentiment is mixed. US markets closed negative on Thursday and European stocks also registered decline. Indian markets are also witnessing stock specific action as many companies are announcing quarterly results. The sentiment is local markets is positive. If inflation remains under control, US markets could also see strength in the coming sessions.
Gupta has suggested long term BUY Call for technology major TCS at current levels for target of Rs 4000 with holding period of 12 months. Gupta has suggested BUY Call for UPL at current price for target of Rs 766 with Stop Loss at Rs 736.
Gupta has suggested BUY Call for Petronet LNG at current price for target of Rs 228 with Stop Loss at Rs 219. Gupta has suggested BUY Call for IIFL Wealth at current levels for target of Rs 1995 with Stop Loss at Rs 1918.
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.