Sudarshan Sukhani: BUY HPCL, Hindustan Unilever, Wipro; SELL Cummins India
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 and we can expect NSE Nifty to touch a fresh all-time high in today’s trade. Nasdaq touched all-time high in yesterday’s trading session and cues from global markets are positive. Many market experts believe that stocks are overvalued but the momentum is still keeping the markets positive.
Sukhani has suggested BUY Call for technology major Wipro with a stop loss of Rs 555, target at Rs 580. FMCG major Hindustan Unilever is on Sukhani’s buying list for the day. Traders can initiate a BUY Trade for Hindustan Unilever with a stop loss of 2,340, target at Rs 2,400.
Sukhani has suggested BUY Call for oil PSU HPCL with a stop loss of Rs 294, target at Rs 304.
Sukhani has suggested SELL trade for Cummins with a stop loss of Rs 840, target at Rs 815.
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.