Sudarshan Sukhani: BUY ICICI Bank, TCS, Adani Ports; SELL Coal India
Technical analyst Sudarshan Sukhani has suggested three BUY calls and one Sell Call for Coal India for today’s trade. Indian markets are expected to trade in a range while we can expect selling pressure at higher levels. US markets closed negative. European markets closed positive on Tuesday. Asian markets are giving mixed signals for today’s trade.
Sudarshan Sukhani has BUY Call for technology major TCS. During the coronavirus panic selling, technology companies managed to perform better compared to other stocks. Traders can BUY TCS with a stop loss of Rs 1,830, target at Rs 1,910.
Other stock on Sudarshan Sukhani’ radar for the day is private banking major ICICI Bank. Traders can BUY ICICI Bank with a stop loss of Rs 350, target at Rs 370. Sudarshan Sukhani also suggests BUY CALL for Adani Ports. Sukhani has recommended BUY Call for Adani Ports with a stop loss of Rs 268, target at Rs 280.
Sudarshan Sukhani has suggested SELL call for Coal India with a stop loss of Rs 140, target at Rs 130. Traders should keep strict stop loss for all the trades.