Sudarshan Sukhani: BUY Mindtree, Balkrishna Industries, Bata India; SELL LIC Housing Finance
Market analyst Sudarshan Sukhani has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open strong today as US and European markets closed positive yesterday after Federal Reserve meeting. Indian markets are expected to trade strong today and we can expect NSE Nifty to cross 15,800 during the session.
Sukhani has suggested BUY Call for industrial and farm equipment tyre maker Balkrishna Industries for a target of Rs 2400 with a stop loss at Rs 2330. Traders can initiate a BUY Trade for technology major Mindtree for a target of Rs 2780 with a stop loss at Rs 2680, as per Sukhani.
Sukhani has suggested BUY Call for Bata India for a target of Rs 1625 with a stop loss at Rs 1580.
Sukhani has suggested SELL Trade for LIC Housing Finance for a target of Rs 427 with a stop loss at Rs 438.
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.