Kushal Gupta: BUY Bharti Airtel, Tejas Networks; SELL Hindustan Unilever, HDFC Bank

Kushal Gupta: BUY Bharti Airtel, Tejas Networks; SELL Hindustan Unilever, HDFC Bank

Market expert Kushal Gupta has suggested two BUY Calls and two SELL Calls for today’s trading session. Indian markets are expected to open lower today and we could see NSE Nifty breaching major support levels during the trading session. Indian markets will also have stock specific action during the coming weeks as companies will be announcing quarterly numbers. US markets closed negative on Monday.

Gupta has suggested long term BUY Call for telecom operator Bharti Airtel. Investors can BUY Bharti Airtel at current price for target price of Rs 800. The holding period for this call has been suggested at 12 months. Gupta has suggested BUY Call for Tejas Networks at current price for target price of Rs 472 with Stop Loss at Rs 453.

Gupta has suggested SELL Call for FMCG major Hindustan Unilever Futures Contract at current price for target of Rs 2420 with Stop Loss at Rs 2520. Traders can SELL HDFC Bank Futures Contract at current price for target of Rs 1360 with Stop Loss at Rs 1420.

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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