Sudarshan Sukhani: BUY Kotak Mahindra Bank, HDFC, Hindustan Unilever; SELL Bajaj Auto

Sudarshan Sukhani: BUY Kotak Mahindra Bank, HDFC, Hindustan Unilever; SELL Bajaj Auto

Technical analyst Sudarshan Sukhani has suggested three BUY calls and one SELL call for today’s trading session. Indian markets have been firm over the last few trading sessions and we have witnessed buying in select counters. We could see markets trading in a narrow range today with selling pressure in certain counters. So far, the quarterly results have been positive for majority of the companies. US markets closed nearly one percent lower on Wednesday.

Sukhani has suggested BUY Call for Kotak Mahindra Bank with a stop loss of Rs 1,305, target at Rs 1,380. Market analyst Ashwani Gujral has also suggested BUY Call for Kotak Mahindra Bank. From banking and finance sector, Sukhani has suggested BUY Call for HDFC. Traders can BUY HDFC with a stop loss of Rs 1,780, target at Rs 1,850.

FMCG and pharmaceutical companies have been in focus after COVID-19 lockdowns as both these sectors witnessed better sales. Many FMCG counters have gained during the last few trading session. Sukhani has suggested BUY call for HUL with a stop loss of Rs 2,080, target at Rs 2,170.

Automobile major Bajaj Auto is on Sukhani’s radar for the trading session. Traders can Sell Bajaj Auto with a stop loss of Rs 2,800, target at Rs 2,650.

TopNews will review trading call performance by the end of the trading session.

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