Sudarshan Sukhani: BUY Britannia, Bharti Airtel; SELL AU Small Bank and Mahindra & Mahindra
Technical analyst Sudarshan Sukhani has suggested two BUY Calls and two SELL Calls for today’s trading session. US and European markets witnessed a deep decline on Monday and Asian markets could also see decline in today’s trade. Indian markets are expected to open lower today and we can expect the continuation of yesterday’s decline.
Sukhani has suggested BUY Call for telecom operator Buy Bharti Airtel for a target price of Rs 735 with a stop loss at Rs 717. Among FMCG stocks, Sukhani has Britannia on his buying list. Traders can BUY Britannia for a target of Rs 4,145 with a stop loss at Rs 4,045, as per Sukhani.
Sukhani has suggested SELL Trade for automobile major Mahindra & Mahindra for a target of Rs 730 with a stop loss at Rs 746. Traders can initiate a SELL Trade for AU Small Finance Bank for a target of Rs 1,090 with a stop loss at Rs 1,113, 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.