Kushal Gupta: BUY Delta Corp; SELL Asian Paints, Siemens and Grasim Futures
Market expert Kushal Gupta has suggested one BUY Call and three SELL Calls for today’s trading session. Markets need a correction for the next rally but correction has been missing over the last few months. US markets closed mixed on Wednesday and Asian stocks were trading mixed this morning.
Gupta has suggested SELL Call for Siemens Futures contract at current level for targer price of Rs 2200 with Stop Loss at Rs 2290. Grasim is looking weak on the charts. Traders can BUY Grasim December PUT Option at Rs 53 for target price of Rs 81 with Stop Loss at Rs 42.
Gupta has suggested SELL Call for Asian Paints Futures Contract at current levels for target price of Rs 3050 with Stop Loss at Rs 3180.
Gupta has suggested medium term BUY Call for Delta Corp. Investors can BUY Delta Corp at current levels for target price of Rs 350. The call duration 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.