Sudarshan Sukhani: BUY BPCL, Balrampur Chini, Torrent Power; SELL ICICI Prudential
Technical Analyst Sudarshan Sukhani has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open flat today and we can expect markets to witness range-bound session today. Indian markets have been trading firm over the last few weeks. US markets closed slightly lower on Monday. Global cues are largely muted these days.
Sukhani has suggested BUY Call for Balrampur Chini Mills at current levels with a stop loss at Rs 350. 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 PSU energy major Bharat Petroleum Corporation Ltd (BPCL) with a stop loss at Rs 302. The stock has been suggested as BUY Trade by Mitesh Thakkar as well.
Sukhani has suggested BUY Trade for Torrent Power at current price with a stop loss at Rs 508.
Sukhani has suggested SELL Call for ICICI Prudential with a stop loss at Rs 480.
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.