Sudarshan Sukhani: BUY Cipla, Piramal Enterprises; SELL Britannia and UBL
Technical analyst Sudarshan Sukhani has suggested two BUY Calls and two SELL Calls for today’s trading session. Indian markets have been trading positive for the last few trading sessions. Markets are expected to open lower today and we can expect a choppy trading session with not much steam left in the market rally. Markets are hovering around their all-time highs and some stocks can face decent correction from current levels.
Sukhani has suggested BUY Call for pharmaceutical major Cipla with a stop loss of Rs 850, target at Rs 899. Other stock on Sukhani’s list for the day is Piramal Enterprises. Traders can BUY Piramal Enterprises with a stop loss of Rs 1,596, target at Rs 1,667, as per Sukhani.
Sukhani has suggested SELL Trade for FMCG major Britannia with a stop loss of Rs 3,475, target at Rs 3,324. Sukhani has suggested SELL Trade for UBL with a stop loss of Rs 1,281, target at Rs 1,205.
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.