Sudarshan Sukhani: BUY Cummins India, HCL Technologies, Pidilite; SELL ICICI Prudential Life
Technical analyst Sudarshan Sukhani has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open slightly positive for today’s session and we could see range-bound trade. Dow Jones closed flat on Tuesday but Asian markets have been trading firm this morning.
Sukhani has suggested BUY Call for Pidilite Industries with a stop loss of Rs 1,480, target at Rs 1,480. Other stock on Sukhani’s buying list for the day is engineering major Cummins India. Traders can initiate a BUY Trade in Cummins India with a stop loss of Rs 456, target at Rs 534, as per Sukhani.
HCL Technologies has witnessed strong moves over the last few trading sessions and the stock is looking strong on the charts. Traders can BUY HCL Technologies with a stop loss of Rs 767, target at Rs 843, as per Sukhani.
Sukhani has suggested Sell Trade for insurance services major ICICI Prudential Life with a stop loss of Rs 450, target at Rs 390.
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.