Sudarshan Sukhani: BUY Britannia, UPL and UltraTech Cement; SELL IGL

Sudarshan Sukhani: BUY Britannia, UPL and UltraTech Cement; SELL IGL

Technical analyst Sudarshan Sukhani has suggested three BUY Calls and one SELL call for today’s trade, suggesting a bullish outlook for Indian markets. Indian markets have witnessed smart recovery during June and early July trade. Markets are looking forward to quarterly results and the direction of market in near future will depend on results and management outlook for future.

Sukhani has suggested Buy Call for UltraTech Cement with a stop loss of Rs 3,857, target at Rs 4,050. UltraTech Cement has been trading strong and technical charts suggest further strength.

Other stock on Sukhani’s buying list is FMCG major Britannia. Traders can Buy Britannia with a stop loss of Rs 3,560, target at Rs 3,700, as per Sukhani.

Sukhani has also suggested BUY Call for UPL. Market expert Ashwani Gujral has also suggested BUY Call for UPL today. Traders can Buy UPL with a stop loss of Rs 446, target at Rs 466, as per Sukhani.

Sukhani has suggested only one SELL call today. Even Mitesh Thakkar has suggested SELL call for IGL today. Traders can Sell IGL with a stop loss of Rs 450, target at Rs 430, as per Sukhani.

Traders should keep strict stop loss for all the trades. TopNews will review performance of trading calls by the end of the trading session.

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