Sudarshan Sukhani: BUY Hindustan Unilever, Kotak Mahindra Bank; SELL BPCL and Exide Industries
Technical analyst Sudarshan Sukhani has suggested two BUY Calls and two SELL Calls for today’s trading session. Indian markets are expected to open strong today and we could see markets closing positive before Christmas. Markets have recovered quickly from one day of massive selling that led NSE Nifty swing by nearly 500 points.
Sukhani has suggested BUY Trade for private banking major Kotak Mahindra Bank with a stop loss of Rs 1,890, target at Rs 1,960. FMCG major Hindustan Unilever is also on Sukhani’s buying list for the trading session. Traders can BUY HUL with a stop loss of Rs 2,320, target at Rs 2,440, as per Sukhani.
Sukhani has suggested SELL Trade for PSU oil major BPCL with a stop loss of Rs 380, target at Rs 368. Traders can initiate a SELL Trade for Exide Industries with a stop loss of Rs 188, target at Rs 182, 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.