Sudarshan Sukhani: BUY Apollo Hospitals; SELL Bajaj Finance, Canara Bank and Jubilant FoodWorks
Technical analyst Sudarshan Sukhani has suggested one BUY Call and three SELL Calls for today’s trading session. Indian markets faced a major decline this week and we can expect markets to open negative today as well. As the decline continues in majority of Indian stocks, traders are more interested in selling in the current market. We can expect NSE Nifty to test major support levels in today’s trading session.
Sukhani has suggested only one BUY Call for today for Apollo Hospitals. Traders can BUY Apollo Hospitals with a stop loss of Rs 2,500, target at Rs 2,650, as per Sukhani.
Sukhani has suggested SELL Trade for private finance major Bajaj Finance with a stop loss of Rs 4,945, target at Rs 4,650. Traders can SELL PSU banking counter Canara Bank with a stop loss of Rs 137, target at Rs 120, as per Sukhani.
Sukhani has suggested SELL Trade for Jubilant FoodWorks with a stop loss of Rs 2,730, target at Rs 2,500.
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.