Sudarshan Sukhani: BUY HCL Tech, Grasim; SELL Bajaj Auto and Zee
Technical analyst Sudarshan Sukhani has suggested two BUY Calls and two SELL Calls for today’s trading session. Indian markets have been in consolidation phase and we have witnessed selling pressure at higher levels. While markets worldwide have been upbeat, Indian markets have witnessed decline for the last three trading sessions. We can expect markets to remain rangebound in today’s session.
Sukhani has suggested BUY Trade for Grasim with a stop loss of Rs 1,365, target at Rs 1,415. Other stock on Sukhani’s buying list for the day is technology major HCL Technologies. Traders can initiate BUY trade for HCL Tech with a stop loss of Rs 990, target at Rs 1,032, as per Sukhani.
Sukhani has suggested SELL Trade for Zee with a stop loss of Rs 214, target at Rs 203. Automobile major Bajaj Auto is on Sukhani’s selling list for the day. Traders can SELL Bajaj Auto with a stop loss of Rs 3,710, target at Rs 3,580, as per Sukhani.
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.