Sudarshan Sukhani: BUY Cadila Healthcare, BalKrishna Industries, Godrej Properties; SELL Zee
Technical analyst Sudarshan Sukhani has suggested three BUY calls and one SELL call for today’s session. Indian markets are expected to trade in a range today as we could see selling pressure at higher levels. Dow Jones registered 2 percent gain on Friday’s trading session and Asian markets have been trading slightly positive today.
Sukhani has suggested BUY call for commercial and farm equipment tyre maker BalKrishna Industries. Traders can Buy Balkrishna Industries with a stop loss of Rs 1,100, target at Rs 1,200. BKT has firmed up in the recent trading sessions and technically, the stock is looking strong due to momentum we have seen recently.
Sukhani has Cadila Healthcare on his radar for the trading session. Pharmaceutical companies have been in focus and many counters have touched 52-week highs in the recent weeks. Traders can Buy Cadila Healthcare with a stop loss of Rs 368, target at Rs 383.
Gujral has also suggested BUY call for Godrej Properties. Traders can BUY Godrej Properties with a stop loss of Rs 805, target at Rs 865.
Sukhani has only one stock on his SELL list for the trading session. Market analyst Ashwani Gujral has also suggested SELL call for Zee today. Traders can Sell Zee with a stop loss of Rs 172, target at Rs 164, as per Sukhani.
TopNews will review trading call performance by the end of the trading session. Indian markets are expected to trade in a narrow range for today’s session.