Sudarshan Sukhani: BUY Mindtree, Vedanta; SELL PVR and Indigo
Technical analyst Sudarshan Sukhani has suggested two BUY Calls and two SELL Calls for today’s trading session. Indian markets have been trading in a consolidation mode for the last two weeks but we can expect markets to register gains in today’s trade. Markets are expected to open strong and we can expect a positive closing for the markets today.
Sukhani has suggested BUY Call for metals counter Vedanta with a stop loss of Rs 225, target at Rs 230. Traders can initiate a BUY Trade for Mindtree with a stop loss of Rs 1,960, target at Rs 2,010, as per Sukhani.
Sukhani has suggested SELL Call for Indian aviation major Indigo with a stop loss of Rs 1,635, target at Rs 1,585. Traders can SELL cinemas operator PVR with a stop loss of Rs 1,240, target at Rs 1,190. The company is facing troubled times as COVID-19 cases have started rising in India again.
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.