Sudarshan Sukhani: BUY Indiabulls Housing, Kotak Mahindra Bank, SBI Card; SELL Voltas
Technical analyst Sudarshan Sukhani has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open firm today and we could see positive momentum in many counters in today’s session. However, selling could be witnessed at higher levels. Traders should sell at higher levels and recover their positions at lower levels. Markets are expected to remain volatile this week.
Sukhani has suggested BUY Call for Indiabulls Housing Finance with a stop loss at Rs 131. 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 Kotak Mahindra Bank with a stop loss at Rs 1,892. Traders can BUY SBI Card with a stop loss at Rs 938, as per Sukhani.
Sukhani has suggested SELL Call for Voltas with a stop loss at Rs 965.
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.