Sudarshan Sukhani: BUY Berger Paints, BHEL; SELL GNFC and Hindalco

Sudarshan Sukhani: BUY Berger Paints, BHEL; SELL GNFC and Hindalco

Technical Analyst Sudarshan Sukhani has suggested two BUY Calls and two SELL Calls for today’s trading session. Indian markets are expected to open strong and we can expect markets to close positive today. US and European stocks staged smart recovery from yearly lows in Wednesday’s trading session. Some market participants see it as technical pullback but we can expect global markets to see further strength. Indian markets will be volatile today as it is expiry for Futures & Options contracts today.

Sukhani has suggested BUY Call for Berger Paints with a stop loss at Rs 622. The stock is looking strong on the charts. Sukhani doesn’t offer target price for stocks. Traders can decide their own target price depending on their risk appetite. Sukhani has suggested BUY Call for BHEL with a stop loss at Rs 55.

Sukhani has suggested SELL Trade for GNFC with a stop loss at Rs 632. Traders can SELL metal counter Hindalco with a stop loss at Rs 373, 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.

General: 
Regions: