Sudarshan Sukhani: BUY Divi’s Labs; SELL Bajaj Finance, Godrej Consumer and L&T
Technical analyst Sudarshan Sukhani has suggested three SELL calls and one BUY call for traders today. Indian markets have declined for two trading sessions but as global markets have recovered, we can expect strong opening and higher trading today. US markets closed positive but Asian markets have opened mixed on Wednesday.
Sudarshan Sukhani has suggested Sell call for Bajaj Finance with a stop loss of Rs 2,100, target at Rs 1,900. Traders should keep strict stop loss in case the trade doesn’t go forward as per recommendations.
Other stock on Sudarshan Sukhani’s radar is FMCG company Godrej Consumer. Market analyst Mitesh Thakkar has also suggested SELL call for Godrej Consumer. Traders can Sell Godrej Consumer with a stop loss of Rs 521, target at Rs 504.
Another stock on Sukhani’s SELL list is infrastructure conglomerate L&T. Traders can Sell L&T with a stop loss of Rs 860, target at Rs 815.
Sukhani has single BUY call for the trading session from pharmaceutical sector. Traders can Buy Divi's Labs with a stop loss of Rs 2,240, target at Rs 2,340.