Sudarshan Sukhani: BUY Hero MotoCorp, Dabur; SELL IGL and Hindalco
Technical analyst Sudarshan Sukhani has suggested two BUY Calls and two SELL Calls for today’s trading session. Indian markets are expected to open positive and momentum could lead BSE Sensex above 40,000 levels today. Dow Jones closed nearly 2 percent higher on Wednesday and we can expect Indian markets to have stock-specific action today.
Sukhani has suggested BUY Call for automobile major Hero MotoCorp. Market analyst Ashwani Gujral has also suggested BUY Call for Hero MotoCorp today. Traders can BUY Hero MotoCorp with a stop loss of Rs 3,176, target at Rs 3,327, as per Sukhani. Sukhani has suggested BUY Call for FMCG major Dabur with a stop loss of Rs 514, target at Rs 545.
Sukhani has suggested SELL Trade for Hindalco with a stop loss of Rs 182, target at Rs 152. Traders can initiate a SELL trade for IGL with a stop loss of Rs 394, target at Rs 363, 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.