Sudarshan Sukhani: BUY DLF, JSW Steel, Indigo; SELL Mahanagar Gas
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 negative today. The markets have witnessed buying for the last few trading sessions and some stocks seem overvalued. The quarterly results have led to stock specific action in the recent trading days.
Sukhani has suggested BUY Call for the largest local aviation company in India. Traders can BUY Indigo with a stop loss of Rs 1,350, target at Rs 1,385, as per Sukhani. Real estate major DLF has been suggested as a BUY with a stop loss of Rs 169, target at Rs 176, by Sukhani. Traders can initiate a BUY Trade for JSW Steel with a stop loss of Rs 318, target at Rs 327.
Sukhani has suggested SELL Call for Mahanagar Gas Limited with a stop loss of Rs 832, target at Rs 810.
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.