Sudarshan Sukhani: BUY NTPC, Motherson Sumi, JSW Steel; SELL Zee
Technical analyst Sudarshan Sukhani has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open strong on Monday and we could see sustained buying in select counters. Indian markets are hovering around their all-time highs and we can expect markets to consolidate around these levels as traders are optimistic.
Sukhani has suggested BUY Trade for JSW Steel with a stop loss of Rs 332, target at Rs 342. Sukhani has suggested a BUY CALL for PSU energy major NTPC with a stop loss of Rs 90, target at Rs 95.
Sukhani has suggested BUY Call for automobile components maker Motherson Sumi with a stop loss of Rs 137, target at Rs 144.
Sukhani has suggested SELL Call for Zee with a stop loss of Rs 188, target at Rs 181.
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.