Kushal Gupta: BUY Infosys; SELL Sun Pharma, SBI and Hindalco
Market expert Kushal Gupta has suggested one BUY Call and three SELL Calls for today’s trading session. Indian markets are expected to open flat today but we can expect selling pressure as US and European markets closed negative on Tuesday. Market sentiment could be mixed in today’s trade and we can expect a volatile session.
Gupta has suggested long term BUY Call for technology major Infosys. Investors can BUY Infosys at current levels for target price of Rs 1800 with holding period of one year.
Gupta has suggested SELL Call for pharmaceutical major Sun Pharma at current levels for target price of Rs 840 with Stop Loss at Rs 870. Gupta has suggested SELL Call for Hindalco Futures Contract at current price for target of Rs 415 with Stop Loss at Rs 435.
Traders can SELL public sector banking major SBI at current price for target of Rs 455 with Stop Loss at Rs 472, as per Gupta.
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.