Sudarshan Sukhani: BUY Siemens, Larsen & Toubro, Tata Consumer; SELL HPCL
Technical analyst Sudarshan Sukhani ha suggested three BUY Calls and one SELL Call for today’s trade. Indian markets have been witnessing one way rally over the last few weeks and we can expect markets to open positive today. With NSE Nifty above 14,400, market analysts are looking forward to 14,500 for NSE Nifty.
Traders can BUY Larsen & Toubro with a stop loss of Rs 1,355, target at Rs 1,400, as per Sukhani. On the charts, L&T is looking strong and traders can expect strong move today.
Sukhani has suggested BUY Call for Siemens with a stop loss of Rs 1,640, target at Rs 1,675. Traders can BUY FMCG major Tata Consumer with a stop loss of Rs 604, target at Rs 618, as per Sukhani.
Sukhani has suggested SELL Trade for HPCL with a stop loss of Rs 230, target at Rs 220.
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.