Sudarshan Sukhani: BUY Apollo Hospitals, UltraTech Cement, L&T; SELL McDowells
Technical analyst Sudarshan Sukhani has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets registered smart gains during the extended trading hours in yesterday’s trade and we can expect markets to open strong today. Asian markets and US markets have turned bullish and we can expect Indian markets to close positive today.
Sukhani has suggested BUY Trade for infrastructure major Larsen & Toubro with a stop loss of Rs 1,500, target at Rs 1,560. Sukhani has suggested BUY Call for cement major UltraTech Cement with a stop loss of Rs 6,300, target at Rs 6,550.
Traders can BUY Apollo Hospitals with a stop loss of Rs 3,020, target at Rs 3,110, as per Sukhani. The stock is looking strong on the charts and has been making new highs during the recent weeks.
Sukhani has suggested Sell Call for McDowell with a stop loss of Rs 552, target at Rs 538.
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.