Sudarshan Sukhani: BUY DLF, Mahindra & Mahindra, BHEL; SELL Alkem Labs
Technical analyst Sudarshan Sukhani has suggested three BUY Calls and one SELL Call for today’s trading session. US and European markets closed positive on Wednesday and Asian stocks were trading firm this morning. Indian markets are expected to open strong this morning and we can witness sustained buying in today’s session.
Sukhani has suggested BUY Call for real estate major DLF with a Stop Loss at Rs 360. 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 Bharat Heavy Electricals Limited with a stop loss at Rs 51.
Sukhani has suggested BUY Call for automobile major Mahindra & Mahindra with a stop loss at Rs 1,255. The stock is looking strong on the charts.
Sukhani has suggested SELL trade for Alkem Laboratories with a stop loss at Rs 3,000.
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.