Sudarshan Sukhani: BUY Petronet LNG; SELL Vedanta and Tata Chemicals
Technical analyst Sudarshan Sukhani has suggested one BUY Call and two SELL Calls for today’s trading session. Indian markets are expected to open lower today and we can witness selling pressure. Markets have been trading firm for the last few trading sessions and we can expect a small correction in the markets. US and European markets closed negative on Wednesday. Asian stocks were trading lower this morning.
Sukhani has suggested BUY Call for Petronet LNG with a stop loss at Rs 220. This BUY Call is for short term traders. Sukhani has not been providing target price for the last few trading sessions. Traders can find a suitable exit point while keeping the stop loss.
Sukhani has suggested SELL trade for Tata Chemicals with a stop loss above Rs 1,018. Sukhani has suggested SELL Trade for Vedanta with a stop loss above Rs 331. Both these calls are for intraday SELL trades.
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.