Sudarshan Sukhani: BUY Havells India, Sun Pharma; SELL Balkrishna Industries and Petronet LNG
Technical analyst Sudarshan Sukhani has suggested two BUY Calls and two SELL Calls for today’s trading session. Indian markets are expected to remain range-bound today and we could see selling pressure during the afternoon session. Markets have been trading strong over the last couple of weeks and traders are expecting a correction in the markets.
Sukhani has suggested BUY Call for Sun Pharma as the stock is looking strong on the charts. Traders can BUY Sun Pharma with a stop loss of Rs 568, target at Rs 585, as per Sukhani.
Sukhani has suggested BUY Trade for Havells India with a stop loss of Rs 898, target at Rs 960.
Sukhani has suggested two SELL Calls for today’s trading session. Traders can SELL commercial vehicle tires maker Balkrishna Industries with a stop loss of Rs 1,660, target at Rs 1,509, as per Sukhani. Traders can initiate a SELL Trade for Petronet LNG with a stop loss of Rs 267, target at Rs 236, 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.