Sudarshan Sukhani: BUY GAIL, Bharti Airtel, Divi’s; SELL GSPL
Technical analyst Sudarshan Sukhani has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open flat today and we can witness a range-bound session. Markets have been trading positive over the last couple of trading sessions and NSE Nifty is looking positive at current levels. However, the decline in US and European markets could dampen the sentiment in the Indian markets as well.
Sukhani has suggested BUY Call for pharmaceutical counter Divi’s Laboratories with a stop loss at Rs 4,325. Sukhani doesn’t offer target price for stocks. Traders can decide their own target price depending on their risk appetite.
Traders can initiate a BUY Trade for energy counter GAIL with a stop loss at Rs 150, as per Sukhani. Telecom counter Bharti Airtel is on Sukhani’s radar for the session. Traders can initiate a BUY Call for Bharti Airtel with a stop loss at Rs 688, as per Sukhani.
Sukhani has suggested SELL Call for GSPL at current price. 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.