Sudarshan Sukhani: BUY Berger Paints, Wipro, Dr Reddy’s; 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 and we could see markets reaching their recent highs. Buying has been witnessed in many sectors in the recent trading sessions. Dow Jones closed 1.2 percent higher on Wednesday and Asian markets have been trading positive.
Sukhani has suggested BUY Call for Berger Paints with a stop loss of Rs 573, target at Rs 590. Other stock on Sukhani’s buying list for the day is pharmaceutical major Dr Reddy’s. This counter has also been suggested as BUY trade for today’s session by Ashwani Gujral. Traders can initiate a BUY Trade in Dr Reddy's with a stop loss of Rs 5,080, target at Rs 5,300, as per Sukhani.
Sukhani has suggested BUY Call for technology major Wipro with a stop loss of Rs 308, target at Rs 320.
Traders can SELL Tata Steel with a stop loss of Rs 364, target at Rs 352, as per Sukhani.
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.