Sudarshan Sukhani: BUY Adani Enterprises, IEX, BHEL and Infosys
Technical analyst Sudarshan Sukhani has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to see a gap-up opening after massive gains in the European and US markets on Wednesday. Indian stocks have witnessed a strong correction in the recent sessions and the recovery rally could be quick as well.
Sukhani has suggested BUY Call for IEX with a stop loss at Rs 216. Traders can initiate a BUY Trade for Adani Enterprises with a stop loss at Rs 1,608. 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 49.85. Traders can initiate a BUY Trade for technology major Buy Infosys with a stop loss at Rs 1,791, as per Sukhani. The stock is looking strong 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.