Sudarshan Sukhani: BUY ICICI Bank, Siemens and SBI Cards; SELL Polycab
Technical analyst Sudarshan Sukhani has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to see a gap-up opening and we could see sustained buying in the markets today.
Sukhani has suggested BUY Call for private banking major ICICI Bank with a stop loss at Rs 710. Sukhani doesn’t offer target price for stocks. Traders can decide their own target price depending on their risk appetite.
Sukhani has suggested SELL Call for Polycab with a stop loss at Rs 2,438.
Traders can BUY SBI Cards with a stop loss at Rs 750, as per Sukhani. Engineering major Siemens is looking strong on technical charts. Sukhani has suggested BUY Call for Siemens with a stop loss at Rs 2,340.
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.