Sudarshan Sukhani: BUY L&T Finance, Biocon, Hindustan Aeronautics; SELL Cummins
Technical analyst Sudarshan Sukhani has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open lower today as US and European markets closed negative on Monday. Indian markets are once again looking weak as global cues have turned negative. Markets will also have stock-specific movement due to quarterly results.
Sukhani has suggested BUY Call for Biocon with a stop loss at Rs 315. 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 Hindustan Aeronautics with a stop loss at Rs 1,700. Traders can initiate a BUY Trade for L&T Finance with a stop loss at Rs 66, as per Sukhani.
Sukhani has suggested SELL Call for Cummins with a stop loss at Rs 1,133.
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.