Kushal Gupta: BUY Motherson Sumi, Indigo Airlines, MCX and PVR
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 as Asian and global cues are looking strong. US and European markets closed positive on Thursday. NSE Nifty is looking strong at the moment and we can expect momentum to carry markets higher for a positive close for this week.
Gupta has suggested BUY Call for Indigo Airlines at current levels for target price of Rs 1900 with Stop Loss at Rs 1840. Gupta has suggested BUY Call for Motherson Sumi at current levels for target price of Rs 137 with Stop Loss at Rs 129.
MCX is looking fundamentally strong at the current levels. Gupta has suggested long term BUY Call for MCX for target price of Rs 1700. The duration of this call has been suggested six months.
Gupta has suggested BUY Call for PVR Futures Contract at current levels for target price of Rs 1830 with Stop Loss at Rs 1755.
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.