Sudarshan Sukhani: BUY Cholamandalam, Hindustan Aeronautics; SELL ICICI Prudential and Hindalco
Technical analyst Sudarshan Sukhani has suggested two BUY Calls and two SELL Calls for today’s trading session. Indian markets are expected to open positive today as global cues were mixed. Indian markets will also be looking forward to quarterly results and we could see stock specific action in upcoming sessions.
Sukhani has suggested BUY Call for Hindustan Aeronautics Ltd (HAL) with a stop loss at Rs 1,700. Sukhani doesn’t offer target price for stocks. Traders can decide their own target price depending on their risk appetite. Sukhani has suggested BUY suggested Cholamandalam Investment and Finance with a stop loss at Rs 616.
Sukhani has suggested SELL Call for metal counter Hindalco with a stop loss at Rs 356. Sukhani has suggested SELL Call for ICICI Prudential with a stop loss at Rs 510.
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.