Sudarshan Sukhani: BUY Apollo Tyres; SELL Coromandel, Interglobe Aviation and Dalmia Bharat

Sudarshan Sukhani: BUY Apollo Tyres; SELL Coromandel, Interglobe Aviation and Dalmia Bharat

Technical Analyst Sudarshan Sukhani has suggested one BUY Call and three SELL Calls for today’s trading session. Indian markets are expected to open lower today and we could see range-bound session. Indian markets are largely tracking global weakness but the local sentiment in positive. Many Indian companies will be announcing quarterly numbers and expectations are positive. We can expect stock specific action these days as companies will be sharing their quarterly numbers.

Sukhani has suggested BUY Call for Apollo Tyres at current price with a Stop Loss at Rs 265. The stock is looking strong on the charts. Traders can BUY on declines. Sukhani doesn’t offer target price for stocks. Traders can decide their own target price depending on their risk appetite.

Sukhani has suggested SELL Call for Coromandel International with a stop loss at Rs 978. Traders can initiate a SELL Trade for Dalmia Bharat with a stop loss at Rs 1,532, as per Sukhani.

Sukhani has suggested SELL Call for Interglobe Aviation with a stop loss at Rs 1,779. The stock is looking weak 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.

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