Sudarshan Sukhani: BUY HCL Tech, UBL, Bharat Forge; SELL Indigo
Technical analyst Sudarshan Sukhani has suggested three BUY Calls and one SELL Call for today’s session. Indian markets are expected to open positive today and we can expect NSE Nifty to touch a fresh all-time high in today’s trade. Indian markets have witnessed a strong rally during the last few months and we have seen strong buying in technology and financial services sector.
Sukhani has suggested BUY Trade for technology major HCL Technologies with a stop loss of Rs 1,045, target at Rs 1,080. Traders can initiate a BUY Trade for Bharat Forge with a stop loss of Rs 610, target at Rs 630, as per Sukhani.
Sukhani has suggested BUY Call for UBL with a stop loss of Rs 1,240, target at Rs 1,275.
Traders can SELL aviation major IndiGo with a stop loss of Rs 1,705, target at Rs 1,650, as per Sukhani. The stock is looking weak on the charts.
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.