Sudarshan Sukhani: BUY Apollo Hospitals, Granules India, Petronet LNG; SELL Britannia
Technical analyst Sudarshan Sukhani has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open lower today and we could see selling in the markets. US markets closed negative on Tuesday while European stocks closed positive. The sentiment in US markets is still negative and the New Year started with decline for Nasdaq.
Sukhani has suggested BUY Call for Apollo Hospitals at current price with a stop loss at Rs 4,400. 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 Granules India at current levels with a stop loss at Rs 320.
Sukhani has suggested BUY Call for Buy Petronet LNG at current levels with a stop loss at Rs 214.
Sukhani has suggested SELL Call for Britannia at current levels with a stop loss at Rs 4,295.
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.