BUY ACC, Escorts, SELL Hindalco Industries and Just Dial: Sudarshan Sukhani
Technical analyst Sudarshan Sukhani has suggested two BUY and two SELL calls for traders in today’s session. Indian markets have been very volatile and if traders play their cards right, there are many opportunities to make quick money in stock markets. However, traders should keep strict stop loss for all the trades.
Sukhani has suggested BUY call for cement major ACC with stop loss at Rs 1100 and target of Rs 1179. ACC has been declining due to overall slump in stock markets. We can expect bounce-back from lower levels.
Sukhani has also given BUY Call for Escorts with stop loss at Rs 612 and target of Rs 675.
For classifieds company Just Dial, Sukhani has SELL call in today’s trading session. Sukani suggests SELL for Just Dial with stop loss at Rs 355 and target of Rs 302. Sukhani has also given SELL call for Hindalco Industries with stop loss at Rs 121 and target of Rs 109.
Indian markets are expected to remain range-bound today after massive decline in yesterday’s trading session. We can expect buying at lower levels. Panic selling has caused major decline in stock markets worldwide over the last two weeks. Dow Jones dropped nearly 3,000 points in yesterday’s trading session.