Sudarshan Sukhani: BUY Maruti Suzuki, REC; SELL Navin Flourine and Asian Paints
Technical analyst Sudarshan Sukhani has suggested two BUY Calls and two SELL Calls for today’s trading session. Indian markets are expected to open flat today and we could see volatile session today. Indian markets are looking forward to direction from global markets but the global cues are mixed. European markets are looking positive but US markets are still trading low. Indian markets could see higher levels in the coming trading sessions if global sentiment improves.
Sukhani has suggested BUY Call for automobile major Maruti Suzuki at current levels with a stop loss at Rs 8,300. 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 PSU energy major REC with a stop loss at Rs 119.
Sukhani has suggested SELL Call for Asian Paints at current levels with a stop loss at Rs 3,050. Sukhani has suggested SELL Call for Navin Fluorine at current levels with a stop loss at Rs 4,050.
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.