Sudarshan Sukhani: BUY Canara Bank, Coal India, ONGC; SELL Bandhan Bank
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 but we can expect markets to recover during the afternoon session. US and European markets closed negative on Friday and globally, markets are trading in a narrow range. Till the time we have a clear trend emerging on global stage, we can only see markets remaining in a small range.
Sukhani has suggested BUY Call for PSU banking counter Canara Bank with a stop loss below Rs 202. 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 ONGC with a stop loss below Rs 150. The stock is looking strong on the charts.
Sukhani has suggested BUY Call for PSU energy counter Coal India with a stop loss below Rs 191.
Traders can initiate a SELL Trade for private banking counter Bandhan Bank with a stop loss above Rs 325, 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.