Sudarshan Sukhani: BUY Exide Industries, ACC; SELL Zee and Britannia Industries

Sudarshan Sukhani: BUY Exide Industries, ACC; SELL Zee and Britannia Industries

Technical analyst Sudarshan Sukhani has suggested two BUY Calls and two SELL Calls for today’s trade. Indian markets are expected to open negative today and we could see selling pressure in many counters that have been trading firm over the last few weeks. Many stocks are in overbought territory and a small correction would be healthy for markets. Dow Jones closed 360 points lower on Monday and we could see Indian markets closing lower after many sessions of smart gains.

Sukhani has suggested BUY Trade for cement major ACC with a stop loss of Rs 1,620, target at Rs 1,670. Traders can BUY Exide Industries with a stop loss of Rs 191, target at Rs 209, as per Sukhani.

Sukhani has suggested SELL Trade for FMCG major Britannia Industries with a stop loss of Rs 3,595, target at Rs 3,489. Sukhani has suggested a SELL trade for ZEE with a stop loss of Rs 223, target at Rs 214.

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.

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