Kushal Gupta: Tata Consumer, Eicher Motors, Kotak Mahindra Bank and MindTree

Kushal Gupta: Tata Consumer, Eicher Motors, Kotak Mahindra Bank and MindTree

Market expert Kushal Gupta has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open strong today and we could see a positive trading session. US markets closed positive on Thursday as investing community feels that US could avoid a recession and Federal Reserve could cut short its interest rate hike plans. Asian markets were trading strong this morning.

Gupta has suggested BUY Call for FMCG major Tata Consumer at current price for target of Rs 735 with Stop Loss at Rs 710. Traders can initiate a BUY Trade for Kotak Mahindra Bank at current levels for target price of Rs 1750 with Stop Loss at Rs 1670. The stock is looking strong on technical charts and should offer decent returns.

Gupta has suggested long term BUY Call for Eicher Motors at current levels for target price of Rs 3400. The holding period for this Call has been suggested 12 months.

Gupta has suggested BUY Call for MindTree at current levels for target price of Rs 3015 with Stop Loss at Rs 2890.

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.

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