Sudarshan Sukhani: BUY Hindustan Unilever; SELL LIC Housing, HPCL and BalKrishna Industries
Technical analyst Sudarshan Sukhani has suggested one BUY Call and three SELL Calls for today’s trading session. Indian markets are expected to open negative today as global cues are negative. Dow Jones closed 0.8 percent lower on Tuesday and Asian stocks have been trading lower today.
Sukhani has suggested BUY Call for FMCG major Hindustan Unilever with a stop loss of Rs 2,145, target at Rs 2,215.
Sukhani has suggested three SELL Calls for today’s session. Traders can initiate a SELL Trade for commercial and farm equipment tyres manufacturer BalKrishna Industries with a stop loss of Rs 1,360, target at Rs 1,325. Sukhani has suggested SELL Call for LIC Housing as the stock is looking weak on the charts. Traders can SELL LIC Housing with a stop loss of Rs 303, target at Rs 294, as per Sukhani.
Sukhani has suggested SELL Call for PSU Oil major HPCL with a stop loss of Rs 180, target at Rs 161.
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.