Sudarshan Sukhani: BUY HCL Technologies, Dr Reddy’s and NTPC; SELL L&T

Sudarshan Sukhani: BUY HCL Technologies, Dr Reddy’s and NTPC; SELL L&T

Technical analyst Sudarshan Sukhani has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open positive today. We could see a range-bound session but the mood is looking positive. US and European markets closed positive on Wednesday and we have also witnessed decline in crude oil prices. Indian markets have also firmed up after positive quarterly results from many big companies.

Sukhani has suggested BUY Call for technology major HCL Technologies with a stop loss at Rs 941. Technology companies are once again looking good and they have witnessed buying support. Sukhani doesn’t offer target price for stocks. Traders can decide their own target price depending on their risk appetite.

Sukhani has suggested BUY Call for PSU power counter NTPC with a stop loss at Rs 157. Sukhani has suggested BUY Call for pharmaceutical major Dr Reddy’s Laboratories with a stop loss at Rs 4,040.

Sukhani has suggested SELL Call for infrastructure major Larsen & Toubro with a stop loss at Rs 1,804.

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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