Sudarshan Sukhani: BUY GAIL, Cummins India, HPCL; SELL PVR
Technical analyst Sudarshan Sukhani has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open higher today and we can expect NSE Nifty to cross 14,800 levels during the trading session. Markets are facing resistance at higher levels as witnessed during yesterday’s trading session. If NSE Nifty sustains above 14,800, we can expect markets to see further strength.
Sukhani has suggested BUY Trade for Cummins India with a stop loss of Rs 780, target at Rs 857. Sukhani has suggested BUY Call for energy major GAIL with a stop loss of Rs 143, target at Rs 159.
PSU oil major HPCL is also on Sukhani’s radar for the trading session. Traders can BUY HPCL with a stop loss of Rs 240, target at Rs 256, as per Sukhani.
Sukhani has suggested SELL Call for PVR with a stop loss of Rs 1,399, target at Rs 1,323.
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.