Sudarshan Sukhani: BUY Bajaj Finserv, Dr Reddy’s, Havells India; SELL Tata Steel
Technical analyst Sudarshan Sukhani has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open strong today as US and European markets closed strong on Tuesday. Markets are expecting a resolution for Russia Ukraine war and the oil prices have been lower. Asian stocks were trading positive this morning.
Sukhani has suggested BUY Call for financial services major Bajaj Finserv with a Stop Loss at Rs 16,200. 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 pharmaceutical major Dr Reddy’s Stop Loss under Rs 4,240. Havells is looking strong on the technical charts. Sukhani has suggested BUY Trade for Havells India with a Stop Loss at Rs 1,124.
Sukhani has suggested SELL Trade for steel major Tata Steel with a stop loss above Rs 1,346.
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.