Sudarshan Sukhani: BUY ICICI Bank, Divis Labs, Jubilant FoodWorks; SELL Zee Entertainment
Technical analyst Sudarshan Sukhani has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open slightly negative as Asian stocks have been trading negative today. Markets are hovering around all-time highs and we can expect stock specific volatility in today’s trading session.
Sukhani has suggested BUY Call for private banking major ICICI Bank for a target price of Rs 718 with a stop loss at Rs 695. Other stock on Sukhani’s buying list is Divi’s Labs. Traders can BUY Divi's Labs for a target price of Rs 5,020 with a stop loss at Rs 4,900, as per Sukhani.
Sukhani has suggested BUY Call for Jubilant FoodWorks for a target of Rs 3,820 with a stop loss at Rs 3,750.
Sukhani has suggested SELL Trade for Zee Entertainment for a target price of Rs 180 with a stop loss at Rs 185.
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.