Sudarshan Sukhani: BUY Sun Pharma, Axis Bank, SRF; SELL Godrej Consumer
Technical analyst Sudarshan Sukhani has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open strong today and we can witness strong performance for blue-chip stocks. US markets were slightly positive on Tuesday and Asian markets were trading strong this morning.
Sukhani has suggested BUY Call for pharmaceutical major Sun Pharma with a stop loss at Rs 880. Sukhani doesn’t offer target price for stocks. Traders can decide their own target price depending on their risk appetite. Sukhani has suggested BUY Call for private banking major Axis Bank with a stop loss at Rs 775. The stock is looking strong on the charts.
Traders can initiate a BUY Trade for SRF with a stop loss at Rs 2,429, as per Sukhani.
Sukhani has suggested SELL Call for Godrej Consumer with a stop loss at Rs 894.
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.