Sudarshan Sukhani: BUY Adani Enterprises, Tata Consumer, PI Industries; SELL Hindalco
Technical analyst Sudarshan Sukhani has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open positive today and we can expect markets to cross major resistance of 16900 for NSE Nifty. Quarterly results will start pouring in from next week and we can expect stock specific action in the markets.
Sukhani has suggested BUY Call for PI Industries with a stop loss at Rs 2,550. 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 Adani Enterprises with a stop loss at Rs 2,150.
Sukhani has suggested SELL Call for metal counter Hindalco with a stop loss at Rs 350.
Traders can initiate a BUY Trade for FMCG major Tata Consumer Products on dips with a stop loss at Rs 700.
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.