Sudarshan Sukhani: BUY JSPL, Coal India; SELL Apollo Tyres and Deepak Nitrite
Technical analyst Sudarshan Sukhani has suggested two BUY Calls and two SELL Calls for today’s trading session. Indian markets are expected to open lower today and we can witness a volatile session with negative bias. Indian markets will be tracking the trends in the global markets and US markets have showcased negative sentiment with major decline on Friday.
Sukhani has suggested BUY Call for JSPL with a stop loss at Rs 418. 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 PSU energy major Coal India with a stop loss at Rs 161. The stock is looking strong on the charts.
Sukhani has suggested SELL Trade for Apollo Tyres with a stop loss at Rs 226. Traders can initiate a SELL Call for Deepak Nitrite with a stop loss at Rs 2,285, 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.