Sudarshan Sukhani: BUY ACC, DLF, L&T Finance; SELL Jubilant FoodWorks
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 with a positive bias. Indian market sentiment is still bullish but the markets are also looking at global trends. The quarterly results season is almost over and majority of companies have reported positive results. US markets closed negative on Monday.
Sukhani has suggested BUY Call for cement major ACC with a stop loss at Rs 2,350. 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 real estate major DLF with a stop loss at Rs 395.
Sukhani has suggested SELL Trade for Domino’s Pizza business partner Jubilant FoodWorks with a stop loss at Rs 570. The stock is looking weak on the charts.
Sukhani has suggested BUY Call for L&T Finance Holdings with a stop loss at Rs 81.
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.