Sudarshan Sukhani: BUY BalKrishna Industries, SRF, Bata India; SELL Birasoft
Technical analyst Sudarshan Sukhani has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open lower, tracking the global trends. We could see selling in select counters in today’s trade. US markets will remain volatile this week ahead of FED meeting.
Sukhani has suggested BUY Call for industrial tyre manufacturer Balkrishna Industries with a Stop Loss at Rs 2,260. 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 SRF with a stop loss at Rs 2,300. The stock is looking strong on the charts.
Sukhani has suggested BUY Call for footwear manufacturer Bata India with a stop loss at Rs 1,770.
Sukhani has suggested SELL Call for Birlasoft with a Stop Loss at Rs 336.
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.