Sudarshan Sukhani: BUY Dalmia Bharat, ONGC; SELL IndiaBulls Housing and HDFC Life
Technical analyst Sudarshan Sukhani has suggested two BUY Calls and two SELL Calls for today’s trading session. Indian markets are expected to open flat but we can witness a volatile session after yesterday’s decline. US markets closed slightly negative on Monday. Indian markets will be looking for cues from global markets for future course.
Sukhani has suggested BUY Call for energy major ONGC at current price with a stop loss at Rs 169. 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 Dalmia Bharat with a stop loss at Rs 1,922.
Sukhani has suggested SELL Call for Indiabulls Housing Finance at current market price with a stop loss at Rs 216. Traders can SELL HDFC Life at current levels with a stop loss at Rs 623.
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.