Sudarshan Sukhani: BUY Axis Bank, Shree Cement; SELL Siemens and Asian Paints
Technical analyst Sudarshan Sukhani has suggested two BUY Calls and two SELL Calls for today’s trading session. Indian markets are expected to open positive today and we can witness small recovery from yesterday’s loss. Markets are looking towards global cues for the future direction. We could also witness stock specific moves in today’s trading session.
Sukhani has suggested BUY Call for private banking counter Axis Bank with a stop loss at Rs 777. Sukhani doesn’t offer target price for stocks. Traders can decide their own target price depending on their risk appetite. Traders can initiate a BUY Trade for Shree Cement with a stop loss at Rs 24,000.
Sukhani has suggested SELL Call for engineering counter Siemens with a stop loss at Rs 2,500. Sukhani has suggested SELL Trade for Asian Paints with a stop loss at Rs 3,162.
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.