Kushal Gupta: BUY Castrol India, ITC, Granules India; SELL Eicher Motors

Kushal Gupta: BUY Castrol India, ITC, Granules India; SELL Eicher Motors

Market expert Kushal Gupta has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open lower today as US and European stocks closed negative on Monday. The US manufacturing data indicates slowdown and this led to decline in markets on Monday. Asian stocks were trading lower this morning. Indian markets could see recovery during the afternoon session.

Gupta has suggested BUY Call for Granules India at current price for target price of Rs 318. Second target for this Call has been suggested at Rs 325 with Stop Loss at Rs 300. Gupta has suggested BUY Call for Castrol India at current price for target of Rs 117 with Stop Loss at Rs 111.

Gupta has suggested long term BUY Call for FMCG major ITC at current price for target price of Rs 390. The duration of this Call is one year.

Gupta has suggested SELL Call for Eicher Motors Futures Contract at current price for target price of Rs 2990 with Stop Loss at Rs 3110.

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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