Kushal Gupta: BUY Glenmark Life, HDFC AMC and Bharti Airtel
Market analyst Kushal Gupta has suggested three BUY Calls and no SELL Call for today’s trading session. Markets are expected to open lower today and we can see a deeper correction during the session. US markets closed lower on Wednesday and Asian stocks were trading low this morning. We can expect stock specific action in today’s trading session.
Gupta has suggested BUY Call for Glenmark Life at current levels for target price of Rs 653 and Stop Loss at Rs 625. Traders can initiate a BUY trade for HDFC AMC at current levels for target price of Rs 2769 and Stop Loss at Rs 2660.
Gupta has suggested BUY Call for telecom operator Bharti Airtel for long term. At current price, the stock is looking good for 12 month duration with target price of Rs 890.
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.