Sudarshan Sukhani: BUY Cummins India, Zee; SELL PFC and SBI Life

Sudarshan Sukhani: BUY Cummins India, Zee; SELL PFC and SBI Life

Technical analyst Sudarshan Sukhani has suggested two BUY Calls and two SELL Calls for today’s trading session. Indian markets have been showing mixed signs over the last one week and traders are expecting choppy trading sessions this week as well. Markets will have the next major trigger next month as quarterly results will start pouring in and there would be stock specific action. Indian markets have largely ignored the decline in Indian GDP numbers for the quarter ending June 2020.

Sukhani has suggested BUY Call for media and entertainment major Zee with a stop loss of Rs 215, target at Rs 225. Other stock on Sukhani’s radar for the trading session is Cummins India. Traders can initiate a BUY Trade in Cummins India with a stop loss of Rs 462, target at Rs 480, as per Sukhani.

Sukhani has suggested SELL Call for public sector banking major SBI Life. SBI is also on SELLING list of market expert Mitesh Thakkar for today’s session. Traders can SELL SBI Life with a stop loss of Rs 845. target at Rs 825, as per Sukhani. Traders can initiate a SELL Trade for power sector major PFC with a stop loss of Rs 98, target at Rs 82, 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.