Sudarshan Sukhani: BUY NTPC, IGL, Marico and Strides Pharma
Technical analyst Sudarshan Sukhani has suggested four buy calls for traders in today’s session. Indian markets are expected to open strong and trading should end strong. However, today is also end of the F&O for Indian stocks and during the second half, we could see some selling pressure. US markets closed strong yesterday, registering a second day of gains since February.
Another stock from pharmaceutical sector on Sukhani’s radar is Strides Pharma. Sukhani suggests traders to BUY Strides Pharma with a stop loss of Rs 315, target of Rs 335. Keep a strict stop loss while trading intraday as the markets are highly volatile these days. The news flow from global markets is decisive factor in Indian market’s direction these days.
Sudarshan Sukhani suggests BUY Call for NTPC with a stop loss of Rs 78, target of Rs 83.
Sukani also suggests BUY call for Indraprastha Gas with a stop loss of Rs 335, target of Rs 350. Traders can buy IGL as the stock has potential to jump nearly 3-4 percent in today’s trading session.
Traders can also buy FMCG counter Marico with a stop loss of Rs 241, target of Rs 255, as per Sukhani.