Sudarshan Sukhani: Buy Bajaj Auto, DLF, ICICI Bank; Sell Ipca Labs
Technical analyst Sudarshan Sukhani has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open flat today and we can expect markets to remain in a narrow range today. US markets closed negative on Wednesday. European markets were mixed in yesterday’s trade and Asian markets were slightly negative this morning.
Sukhani has suggested BUY Call for automobile major Bajaj Auto at current price. 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 DLF and ICICI Bank. Both the stocks are looking strong on the charts. ICICI Bank could see strong movement in case the overall market remains favorable.
Sukhani has suggested SELL Call for IPCA Labs at current price. The stock is looking weak on the charts.
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.