Sudarshan Sukhani: BUY Aurobindo Pharma, Indraprastha Gas and Wipro; SELL IndiGo
Technical Analyst Sudarshan Sukhani has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets have been gaining ground over the last few sessions and the market sentiment currently is bullish. Above 18,000 levels NSE Nifty is looking strong and we could see further gains for the market if global sentiment remains positive. US and European stocks closed strong on Monday and Asian stocks were trading positive this morning.
Sukhani has suggested BUY Call for Aurobindo Pharma with a stop loss at Rs 535. The stock is looking strong on the charts and has bounced from lows. 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 PSU energy counter Indraprastha Gas Ltd with a stop loss at Rs 419. Traders can initiate a BUY Trade for technology major Wipro with a stop loss of Rs 415, as per Sukhani.
Sukhani has suggested SELL Call for biggest private airline operator IndiGo with a stop loss of Rs 1,950
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.