Sudarshan Sukhani: BUY Bharti Airtel, Polycab, Siemens; SELL MCX
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 today as global markets have turned negative. The US manufacturing data indicates slowdown and this led to decline in markets on Monday. Asian stocks were trading lower this morning.
Sukhani has suggested BUY Call for telecom major Bharti Airtel with a stop loss at Rs 664. 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 Polycab with a Stop Loss at Rs 2,285. Traders can initiate a BUY Trade for engineering major Siemens with a stop loss at Rs 2,665, as per Sukhani.
Sukhani has suggested SELL Call for MCX with a stop loss at Rs 1,350.
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.