Sudarshan Sukhani: BUY MindTree, Zee, Jubilant FoodWorks; SELL MGL
Technical analyst Sudarshan Sukhani has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open flat for today’s session and we could see range-bound trading. Markets are looking for the next trigger and the next major trigger would be quarterly results starting in October.
Sukhani has suggested BUY Call for media and entertainment major Zee with a stop loss of Rs 218, target at Rs 230. Other stock on Sukhani’s radar for the day is MindTree as the company is looking strong on the technical charts. Traders can BUY Mindtree with a stop loss of Rs 1,180, target at Rs 1,235, as per Sukhani.
Sukhani has also suggested BUY Call for domino’s main franchisee in India, Jubilant FoodWorks, for today’s trading session. Traders can BUY Jubilant FoodWorks with a stop loss of Rs 2,200, target at Rs 2,280, as per Sukhani.
Sukhani has suggested SELL Call for MGL with a stop loss of Rs 915, target at Rs 890.
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.