Kushal Gupta: BUY Eicher Motors, Sonata Software, Sona Comstar and Ashok Leyland
Market expert Kushal Gupta has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open lower today and we can witness selling pressure at higher levels. Markets closed negative yesterday after weakness was seen in the European and US markets. Markets can witness stock specific action in today’s trade.
Gupta has suggested BUY Call for Eicher Motors at current levels for target price of Rs 2785 with Stop Loss at Rs 2670. Traders can initiate a BUY Trade for Sonata Software at current levels for target price of Rs 805 with Stop Loss at Rs 770.
Gupta has suggested BUY Call for automobile components maker Sona Comstar at current levels for target price of Rs 670 with Stop Loss at Rs 642.
Gupta has suggested long term BUY Call for commercial automobile major Ashok Leyland for target price of Rs 165. The holding time for this call is around 12 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.