Sudarshan Sukhani: BUY Asian Paints, PFC, M&M Finance; SELL Sun Pharma
Technical analyst Sudarshan Sukhani has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open positive today and we can witness strength during the trading session as US and European markets closed positive on Wednesday. We can also witness volatility in the markets today due to Futures and Options expiry.
Sukhani has suggested BUY Call for Asian Paints with a stop loss at Rs 3,086. Sukhani doesn’t offer target price for stocks. Traders can decide their own target price depending on their risk appetite. Traders can BUY M&M Finance with a stop loss at Rs 179, as per Sukhani.
Sukhani has suggested BUY Call for PSU power counter PFC with a stop loss at Rs 116. The stock is looking strong on the charts.
Sukhani has suggested SELL Call for pharmaceutical major Sun Pharma with a stop loss at Rs 922.
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.