Sudarshan Sukhani: BUY IRCTC, Tata Consumer; SELL LIC Housing and Zee Entertainment

Sudarshan Sukhani: BUY IRCTC, Tata Consumer; SELL LIC Housing and Zee Entertainment

Technical analyst Sudarshan Sukhani has suggested two BUY Calls and two SELL Calls for today’s trading session. Indian markets are expected to open slightly positive today but we can expect selling pressure at higher levels. Markets have witnessed a sharp rally in the recent sessions and a small correction can be expected. Global markets have turned negative last Friday but Indian markets are still looking bullish. Gold and oil prices witnessed sharp decline in recent sessions.

Sukhani has suggested BUY Call for FMCG major Tata Consumer for a target price of Rs 792 with a stop loss at Rs 772. Other stock on Sukhani’s radar is IRCTC. Traders can BUY IRCTC for a target price of Rs 2,530 with a stop loss at Rs 2,460, as per Sukhani.

Sukhani has suggested SELL Call for Zee Entertainment for a target price of Rs 193 with a stop loss at Rs 199. Traders can SELL housing finance major LIC Housing Finance for a target pr ice of Rs 400 with a stop loss at Rs 409, as per Sukhani. The stock is looking weak on the charts.

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.

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