Sudarshan Sukhani: BUY Hindustan Unilever, JSW Steel; SELL LIC Housing and Bajaj Auto
Technical analyst Sudarshan Sukhani has suggested two BUY Calls and two SELL Calls for today’s trading session. Indian markets are expected to open flat today and we can expect markets to witness selling pressure at higher levels. Asian markets were trading lower this morning, mainly due to concerns about delta variant of COVID-19 and political issues in Afghanistan.
Sukhani has suggested BUY Call for FMCG major Hindustan Unilever for a target price of Rs 2,460 with a stop loss at Rs 2,400. Other stock on Sukhani’s buying list is JSW Steel as the counter is looking strong on the technical charts. Traders can BUY JSW Steel for a target price of Rs 772 with a stop loss at Rs 755, as per Sukhani.
Sukhani has suggested SELL Trade for automobile major Bajaj Auto for a target price of Rs 3,690 with a stop loss at Rs 3,800.
Sukhani has suggested SELL Call for housing finance major LIC Housing Finance for a target price of Rs 388 with a stop loss at Rs 397.
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.