Sudarshan Sukhani: BUY Bata India, Intellect Design, Petronet LNG and Coal India

Sudarshan Sukhani: BUY Bata India, Intellect Design, Petronet LNG and Coal India

Technical Analyst Sudarshan Sukhani has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open strong today as US markets closed positive on Wednesday after a few sessions of weakness. The strength in US and European markets will offer positive push to global markets. Indian markets are expected to see a gap-up opening in today’s trade and we could see NSE Nifty pushing ahead of some resistance levels during the session.

Sukhani has suggested BUY Call for Bata India with a stop loss at Rs 1,867. The stock is looking strong on the charts. Bata India has been suggested as BUY Call by market expert Mitesh Thakkar as well. 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 Coal India with a stop loss at Rs 232. Sukhani has suggested BUY Call for Intellect Design Arena with a stop loss at Rs 608.

Traders can initiate a BUY Trade for Petronet LNG with a stop loss at Rs 213, as per Sukhani. The stock is looking strong on the charts and with overall positive sentiment in the markets, it could offer decent returns.

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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