Sudarshan Sukhani: BUY Hero MotoCorp, Escorts, Britannia Industries; SELL IGL
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 on Tuesday and we could see action in technology and financial services counters. Markets have recovered from the losses registered last week and we can expect buying in select counters in today’s trade.
Sukhani has suggested BUY Call for FMCG major Britannia Industries with a stop loss of Rs 3,701, target at Rs 3,792. Sukhani has two automobile stocks on his buying list for today’s session. Traders can BUY Hero MotoCorp with a stop loss of Rs 3,000, target at Rs 3,200, as per Sukhani. The stock is looking strong on the charts. Traders can also initiate a BUY trade in Escorts with a stop loss of Rs 1,263, target at Rs 1,354, as per Sukhani.
Sukhani has suggested SELL Call for IGL for today’s session. Traders can SELL IGL with a stop loss of Rs 413, target at Rs 382.
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.