Sudarshan Sukhani: BUY Hero MotoCorp, Divi’s Labs, NIIT Tech and Biocon
Technical analyst Sudarshan Sukhani has suggested three BUY Calls and one SELL call for today’s trading session. Indian markets witnessed a small correction in yesterday’s session but the market sentiment is still bullish. We can expect markets to open strong today and due to F&O expiry, volatility could be high during the trading session. NSE Nifty has managed to close above major resistance levels in the last few sessions and outlook for markets is still strong.
Sukhani has suggested BUY trade for Buy Divi's Labs with a stop loss of Rs 2,347, target at Rs 2,524. Other stock on Sukhani’s radar for the trading session is automobile major Hero MotoCorp. Traders can Buy Hero MotoCorp with a stop loss of Rs 2,745, target at Rs 2,850.
Sukhani has suggested Buy Call for NIIT Tech with a stop loss of Rs 1,808, target at Rs 1,908.
Traders can Sell Biocon with a stop loss of Rs 411, target at Rs 366, 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.