Sudarshan Sukhani: BUY HCL Tech, Jubilant FoodWorks, Divi’s Labs; SELL Gujarat 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 flat today and we can expect markets to trade in a range-bound manner. US markets remained closed on Monday due to Labor Day and trends in the Asian markets were mixed this morning.
Sukhani has suggested BUY Call for Domino’s Pizza main franchisee in India, Jubilant FoodWorks for a target price of Rs 4,220 with a stop loss at Rs 4,100. Other stock on Sukhani’s radar is technology major HCL Technologies. Sukhani has suggested BUY Call for HCL Tech for a target of Rs 1,225 with a stop loss at Rs 1,185.
Sukhani has suggested BUY Call for Divi's Labs for a target of Rs 5,280 with a stop loss at Rs 5,150.
Traders can SELL Gujarat Gas for a target of Rs 676 with a stop loss at Rs 694, 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.