Sudarshan Sukhani: BUY Titan, SBI Life, Bharti Airtel; SELL MGL
Technical analyst Sudarshan Sukhani has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open slightly lower today and we can expect selling pressure at higher levels. The signals from global markets are mixed and we can expect markets to trade in a narrow range today.
Sukhani has suggested BUY Call for insurance major SBI Life for a target price of Rs 1,280 with a stop loss at Rs 1,250. Traders can initiate a SELL trade for Titan for a target of Rs 2,230 with a stop loss at Rs 2,160.
Sukhani has suggested BUY Call for telecom major Bharti Airtel for a target of Rs 715 with a stop loss at Rs 690.
Traders can SELL MGL for a target of Rs 1,065 with a stop loss at Rs 1,090, as per Sukhani. The stock is looking weak on the 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.