Kushal Gupta: BUY Tech Mahindra, Bajaj Electricals, Fortis HealthCare; SELL Dalmia Bharat
Market expert Kushal Gupta has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open flat with negative bias. The markets have seen strong pullback rally during this week and we can expect a small decline in today’s session. US and European markets closed flat on Thursday.
Gupta has suggested BUY Call for technology major Tech Mahindra at current price for target price of Rs 1660 with Stop Loss at Rs 1595. Traders can initiate a BUY Trade for Bajaj Electricals at current levels for target price of Rs 1080 with Stop Loss at Rs 1030.
Gupta has suggested long term BUY Call Fortis Healthcare at current price for target price of Rs 360. The holding period for this call has been suggested 12 months.
Gupta has suggested SELL Trade for Dalmia Bharat Futures Contract at current levels for target price of Rs 1860 with Stop Loss at Rs 1940.
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.