Sudarshan Sukhani: BUY Divi’s Labs, Asian Paints; SELL PEL
Technical analyst Sudarshan Sukhani has suggested two BUY Calls and one SELL Call for today’s trading session. Indian markets have been highly volatile for the last three trading session. While markets are still having strong momentum with a positive bias, some stocks have seen selling pressure. Indian markets are expected to open slightly positive for today’s session.
Sukhani has suggested BUY Call for Asian Paints with a stop loss of Rs 1,953, target at Rs 2,034. Asian Paints has given a strong breakout recently and the stock is looking strong on the charts. Traders can carry out decent trades in Asian Paints as trading activity is strong in this counter.
Sukhani has suggested pharmaceutical major Divi’s Labs for today’s trade. Traders can BUY Divi's Labs with a stop loss of Rs 3,222, target at Rs 3,313.
Only stock on Sukhani’s selling list for the day is Piramal Enterprises. Traders can Sell Piramal Enterprises with a stop loss of Rs 1,389, target at Rs 1,313, 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.