Kushal Gupta: BUY Thyrocare, Tejas Networks, JK Tyres, Infosys and Gabriel India
Market expert Kushal Gupta has suggested five BUY Calls and no SELL Call for short term traders. Indian markets are expected to open positive today as Asian stocks were largely positive. US markets closed mixed on Monday with Dow Jones closing flat while Nasdaq declining by almost a percent. European stocks remained mixed. Indian markets are expected to remain range-bound with positive bias today.
Gupta has suggested BUY Call for Thyrocare at current price for target of Rs 515 with Stop Loss at Rs 490. The stock is looking strong on the charts. Gupta has suggested BUY Call for JK Tyres at current levels for target of Rs 208 with Stop Loss at Rs 197. The stock could have a surprise move based on positive news.
Gupta has suggested Long Term BUY Call for Gabriel India at current price for target of Rs 230 with holding period of 12 months. The stock is fundamentally strong. Gupta has suggested Long Term BUY Call for Tejas Networks at current levels for target of Rs 850. The suggested holding period for this call is 12 months.
Gupta has suggested BUY Call for technology major Infosys Technologies at current price for target of Rs 1300 with Stop Loss at Rs 1250.
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.