Sudarshan Sukhani: BUY Mindtree, Ambuja Cement, Tata Consumer; SELL IGL
Technical analyst Sudarshan Sukhani has suggested three BUY calls and one SELL call for today’s trading session. Indian markets are expected to open strong on Tuesday after recent declines. Dow Jones ended Monday’s trading session with nearly one percent gain and Asian markets have been trading strong this morning.
On the charts, Ambuja Cement is looking strong and we can expect positive movement in the stock considering the momentum build-up in recent sessions. Traders can BUY Ambuja Cement with a stop loss of Rs 210, target at Rs 241, as per Sukhani.
Other stock on Sukhani’s buying list for the day is Mindtree. Traders can Buy Mindtree with a stop loss of Rs 1,100, target at Rs 1,190. Sukhani has suggested BUY Call for Tata Consumer with a stop loss of Rs 425, target at Rs 455.
Sukhani has suggested SELL trade for IGL with a stop loss of Rs 407, target at Rs 362.
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.