Sudarshan Sukhani: BUY Tech Mahindra, Navin Flourine, Laurus Labs
Technical analyst Sudarshan Sukhani has suggested three BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open flat today and traders should use any rise as an opportunity to sell their positions. Markets are expected to trade negative during the session as global markets have been bearish over the last few trading sessions.
Sukhani has suggested BUY Call for Navin Fluorine at current levels with Stop Loss at Rs 3,520. Sukhani has not given target price for the calls over the last few weeks. The markets are trading around their all time highs and many stocks are also at their all time highs. In such situations, stocks can rise much higher and it isn’t easy to set a target price. Traders can select their own target, based on their risk appetite.
Sukhani has suggested BUY Call for technology counter Tech Mahindra at current levels with Stop Loss at Rs 1,550.
Laurus Labs is on Sukhani’s radar for the trading session. Traders can BUY Laurus Labs at current price with Stop Loss at Rs 495, 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.