Sudarshan Sukhani: BUY Kotak Mahindra Bank, UPL; SELL Granules India and Indigo
Technical analyst Sudarshan Sukhani has suggested two BUY Calls and two SELL Calls for today’s trading session. Indian markets are expected to open positive today and we can expect NSE Nifty to breach 15600 levels. If Nifty stays above 15,600, we can expect further strength in the markets as global markets have been trading strong this week.
Sukhani has suggested BUY Trade for UPL with a stop loss of Rs 598, target at Rs 615. Private banking major Kotak Mahindra Bank is on Sukhani’s radar for the trading session. Traders can BUY Kotak Mahindra Bank with a stop loss of Rs 1,750, target at Rs 1,815, as per Sukhani.
Sukhani has suggested SELL trade for Granules India with a stop loss of Rs 323, target at Rs 311. Traders can initiate a SELL trade for private airline Indigo with a stop loss of Rs 1,625, target at Rs 1,575, 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.