Kushal Gupta: SELL HDFC Bank, Infosys, Hindustan Unilever; BUY Titan and Indian Hotels
Market expert Kushal Gupta has suggested three SELL Calls and two BUY Calls for today’s trading session. Indian markets are expected to open lower today as US and European markets faced selloff during last Friday’s trading session. Indian markets will largely track the trends in global markets. Asian stocks were trading lower this morning.
Gupta has suggested SELL Call for HDFC Bank Futures Contract at current levels for target price of Rs 1398 with Stop Loss at Rs 1450. Traders can initiate a SELL Trade for FMCG major Hindustan Unilever Futures Contract at current price for target of Rs 2520 with Stop Loss at Rs 2630.
Gupta has suggested SELL Call for Infosys Technologies Futures Contract at current price for target of Rs 1400 with Stop Loss at Rs 1460.
Gupta has suggested short term BUY Call for Titan at current levels for target price of Rs 3150. The suggested holding period for this call is three months. Gupta has suggested medium term BUY Call for Indian Hotels at current levels for target price of Rs 410. The holding period for this call is six months.
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.