Sudarshan Sukhani: BUY Nestle, Berger Paints; SELL Navin Flourine and SUN TV

Sudarshan Sukhani: BUY Nestle, Berger Paints; SELL Navin Flourine and SUN TV

Technical analyst Sudarshan Sukhani has suggested two BUY Calls and two SELL Calls for today’s trading session. Indian markets are expected to open lower today but we can also witness buying support at lower levels. US markets registered a decline on Friday and this could impact global market sentiment. However, Indian markets could also stage a comeback after initial decline in today’s trade.

Sukhani has suggested BUY Call for Berger Paints with a stop loss at Rs 700. Sukhani doesn’t offer target price for stocks. Traders can decide their own target price depending on their risk appetite. Traders can initiate a BUY Trade for FMCG major Nestle with a stop loss at Rs 18,000, as per Sukhani.

Sukhani has suggested SELL Call for Navin Fluorine with a stop loss at Rs 3,950. Traders can initiate SELL Trade for broadcaster Sun TV with a stop loss at Rs 490, as per Sukhani. The stock is looking weak on the charts.

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.

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