Sudarshan Sukhani: BUY ACC, Havells India, Larsen & Toubro; SELL HDFC Life
Technical analyst Sudarshan Sukhani has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open slightly positive but we could see selling pressure during the trading session. Dow Jones closed nearly half percent higher on Thursday.
Sukhani has suggested BUY Call for infrastructure major Larsen & Toubro with a stop loss of Rs 920, target at Rs 955. Other stock on Sukhani’s radar for the day is Havells India. Traders can initiate a BUY trade in Havells India with a stop loss of Rs 714, target at Rs 735.
Sukhani has suggested BUY Call for cement major ACC with a stop loss of Rs 1,615, target at Rs 1,650.
Sukhani has suggested SELL Call for HDFC Life as the stock is looking weak on the technical charts. Traders can SELL HDFC Life with a stop loss of Rs 566, target at Rs 555, 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.