Sudarshan Sukhani: BUY Larsen & Toubro, SBI, Bajaj Auto; SELL Dixon Technologies

Sudarshan Sukhani: BUY Larsen & Toubro, SBI, Bajaj Auto; SELL Dixon Technologies

Technical analyst Sudarshan Sukhani has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open positive today and we could see further strength in the markets this week if blue-chip companies declare quarterly results as per market expectations. Indian markets are looking forward to global cues as well. US markets could show strength this week after inflation data came better last week.

Sukhani has suggested BUY Call for automobile major Bajaj Auto at current levels with a stop loss at Rs 3,580. The stock is looking strong on the charts. 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 infrastructure major Larsen and Toubro at current levels with a stop loss at Rs 2100. The stock is looking strong on the charts.

Sukhani has suggested BUY Call for PSU banking counter State Bank of India with a stop loss at Rs 590.

Sukhani has suggested SELL Call for Dixon Technologies with a stop loss at Rs 3675.

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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