Sudarshan Sukhani: BUY Godrej Properties, Havells India, Apollo Hospitals; SELL BPCL
Technical analyst Sudarshan Sukhani has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open flat today as Asian markets have been trading flat. Dow Jones closed slightly positive on Tuesday on renewed hopes of fiscal stimulus from the US government. Indian markets have witnessed stock specific action these days as many companies have announced their quarterly results.
Sukhani has suggested BUY Call for Apollo Hospitals with a stop loss of Rs 2,190, target at Rs 2,245. Apollo Hospitals is looking strong on the charts and the stock has managed to cross major resistance levels. Many market experts have suggested BUY call for Apollo Hospitals considering its strength on the technical charts.
Sukhani has suggested BUY Trade for real estate developer Godrej Properties with a stop loss of Rs 920, target at Rs 950. Traders can initiate a BUY Trade for electric wires and equipment maker Havells with a stop loss of Rs 700, target at Rs 720, as per Sukhani.
OIL PSU BPCL is on Sukhani’s selling list for the day. Traders can SELL BPCL with a stop loss of Rs 348, target at Rs 336, 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.