Sudarshan Sukhani: BUY Pidilite, Tata Chemicals, Bata India; SELL ICICI Lombard
Technical analyst Sudarshan Sukhani has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open positive today and we can expect NSE Nifty to once again touch an all-time high during the trading session. Indian markets have witnessed strong buying once NSE Nifty crossed 15,000 levels. While some market participants are skeptical about stock valuations, the strong trends in global markets are keeping Indian markets firm.
Sukhani has suggested BUY Call for Tata Chemicals with a stop loss of Rs 735, target at Rs 760. Traders can initiate BUY Trade for Pidilite with a stop loss of Rs 2,050, target at Rs 2,120, as per Sukhani.
Sukhani has suggested BUY Trade for footwear major Bata India with a stop loss of Rs 1,545, target at Rs 1,580.
Sukhani has suggested SELL Call for ICICI General Insurance with a stop loss of Rs 1,460, target at Rs 1,430. The stock is looking weak on the technical charts.
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.