Sudarshan Sukhani: BUY IRCTC, Divi’s Labs, Asian Paints; SELL TVS Motor
Technical analyst Sudarshan Sukhani has suggested three BUY Calls and one SELL Calls for today’s trading session. Indian markets are expected to open positive today and we can expect NSE Nifty to trade strong for the session. Stocks are currently at higher valuations but investors are bullish about many sectors, pushing the valuations even higher.
Sukhani has suggested BUY Call for pharmaceutical major Divi's Labs for a target price of Rs 4,980 with a stop loss at Rs 4,860. Other stock on Sukhani’s buying list is IRCTC. Traders can BUY IRCTC for a target price of Rs 2,710 with a stop loss at Rs 2,640, as per Sukhani.
Sukhani has suggested BUY Call for Asian Paints for a target of Rs 3,060 with a stop loss at Rs 2,980.
TVS Motor Company is on Sukhani’s radar for the session. Traders can initiate a SELL Trade for TVS Motor for a target price of Rs 522 with a stop loss at Rs 536, 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.