Sudarshan Sukhani: BUY Bharat Forge, UPL, PVR; SELL Aurobindo Pharma
Technical analyst Sudarshan Sukhani has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open positive today and we can expect momentum in blue-chip counters to pull the indices higher. US and European markets closed positive on Wednesday and Indian markets are back in the bullish territory. RBI will meet for policy decision today and that can have an impact on the markets.
Sukhani has suggested SELL Call for pharmaceutical counter Aurobindo Pharma with a stop loss at Rs 666.
Sukhani has suggested BUY Call for multiplex operator PVR with a stop loss at Rs 1,606. Sukhani doesn’t offer target price for stocks. Traders can decide their own target price depending on their risk appetite.
Traders can BUY Bharat Forge with a stop loss at Rs 726, as per Sukhani. Other stock on Sukhani’s radar for the session is UPL. Traders can BUY UPL at current price 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.