Sudarshan Sukhani: BUY Infosys, Apollo Hospitals and SAIL
Technical analyst Sudarshan Sukhani has suggested three BUY Calls and no SELL Call for today’s trading session. Indian markets registered strong performance last week as global cues were positive. We can expect markets to open positive today but there can be selling pressure at higher levels. Indian markets will mainly track the trends in global markets. US markets gained last week and we could see further strength this week.
Sukhani has suggested BUY Call for PSU steel major SAIL with a stop loss at Rs 75. 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 UPL with a stop loss at Rs 719. Traders can initiate a BUY Trade for Apollo Hospitals with a stop loss at Rs 4,030 Buy Infosys with a stop loss at Rs 1,520, as per Sukhani.
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.