Sudarshan Sukhani: BUY Bharti Airtel, ICICI Prudential; SELL Delta Corp and Lupin
Technical analyst Sudarshan Sukhani has suggested two BUY Calls and two SELL Calls for today’s trading session. Indian markets are expected to open lower today and we can witness a recovery during the afternoon session if European markets open positive. Indian markets are looking bearish at the moment as global stocks have been declining in the recent trading sessions. US market closed negative on Monday.
Sukhani has suggested BUY Call for telecom major Bharti Airtel at current levels with a stop loss at Rs 820. The stock is looking strong on the charts. 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 ICICI Prudential with a stop loss at Rs 435. The stock has declined to its 52-week lows and could bounce back once market conditions improve.
Sukhani has suggested SELL Call for Delta Corp at current levels with a stop loss at Rs 226. Sukhani has suggested SELL Trade for pharmaceutical major Lupin with a stop loss at Rs 740.
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.