Sudarshan Sukhani: BUY Bharat Forge; SELL Can Fin Homes, Manappuram Finance and Titan
Technical analyst Sudarshan Sukhani has suggested one BUY Call and three SELL Calls for today’s trading session. Indian markets are expected to open positive today and we could see blue-chip counters gaining ground in today’s trade. US and European markets closed positive on Wednesday after two days of declines this week. Indian markets would continue to track the developments in the global markets.
Sukhani has suggested BUY Call for Bharat Forge with a stop loss at Rs 640. Sukhani doesn’t offer target price for stocks. Traders can decide their own target price depending on their risk appetite.
Sukhani has suggested SELL Call for Can Fin Homes with a stop loss at Rs 437. Traders can initiate a SELL Trade for Manappuram Finance with a stop loss at Rs 88, as per Sukhani.
Sukhani has suggested SELL Call for Titan with a stop loss at Rs 1,960. The stock is looking weak on the charts.
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.