Sudarshan Sukhani: BUY ICICI Bank, Dixon Technologies; SELL HDFC Life and GSPL
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 today and we could witness a range-bound session. Markets will be stock specific these days as quarterly results will be announced by companies. US and European markets have given mixed signals on Tuesday.
Sukhani has suggested BUY Call for Dixon Technologies with a stop loss at Rs 3,700. The stock is looking strong on the charts. Sukhani doesn’t offer target price for stocks. Traders can decide their own target price depending on their risk appetite. Sukhani has suggested BUY Call for private banking major ICICI Bank with a stop loss at Rs 730. The stock is looking strong on the charts.
Sukhani has suggested SELL Call for GSPL with a stop loss at Rs 231. Traders can initiate a SELL Trade for HDFC Life with a stop loss at Rs 547.
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.