Sudarshan Sukhani: BUY Cipla, Maruti Suzuki, Divis; SELL Dr Lal Pathlabs

Sudarshan Sukhani: BUY Cipla, Maruti Suzuki, Divis; SELL Dr Lal Pathlabs

Technical analyst Sudarshan Sukhani has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to witness a gap-up opening but we could see selling pressure at higher levels. US and European markets closed positive on Wednesday. US Federal Reserve announced 75 basis points interest rate hike and it was in line with market expectations.

Sukhani has suggested BUY Call for automobile major Maruti Suzuki with a stop loss at Rs 7,700. The stock is looking strong on the charts. 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 pharmaceutical major Cipla with a stop loss at Rs 940. Traders can initiate a BUY Trade for pharmaceutical counter Divi’s Laboratories with a stop loss at Rs 3,520, as per Sukhani.

Sukhani has suggested SELL Call for Dr Lal Pathlabs with a stop loss at Rs 2,065.

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.

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