Sudarshan Sukhani: BUY Kotak Mahindra Bank, HDFC, Adani Ports and Tata Consumer
Technical analyst Sudarshan Sukhani has suggested four BUY Calls and no SELL Call for today’s trading session, suggesting a bullish outlook for Indian markets. Markets are expected to open positive and we can expect NSE Nifty to touch another lifetime high in today’s trade. Indian markets have been buoyant over the last few trading sessions and market participants are indicating possibilities of correction in many stocks. However, the overall market mood seems positive.
In banking & finance space, Sukhani has two stocks on his radar for the trading session. Traders can BUY Kotak Mahindra Bank with a stop loss of Rs 1,965, target at Rs 2,041. Traders can initiate a BUY Trade for financial services major HDFC with a stop loss of Rs 2,827, target at Rs 2,933, as per Sukhani.
Sukhani has suggested BUY Trade for Adani Ports with a stop loss of Rs 601, target at Rs 677.
Sukhani has suggested BUY CALL for FMCG major Tata Consumer with a stop loss of Rs 605, target at Rs 666.
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.