Sudarshan Sukhani: BUY PFC, Chambal Fertilizers, MRF; SELL Havells India
Technical analyst Sudarshan Sukhani has suggested three BUY Calls and one SELL Call for today’s trading session. The results season is almost over and majority of Indian companies have declared results as per market expectations. US and European markets are showing signs of stability. Indian markets are currently trading at a few weeks’ highs and we can expect markets to show strength during the current week.
Sukhani has suggested BUY Call for tyre manufacturer MRF at current price with a stop loss at Rs 83,400. Sukhani doesn’t offer target price for stocks. Traders can decide their own target price depending on their risk appetite. The stock is looking strong on the charts.
Sukhani has suggested BUY Call for PSU power counter PFC with a stop loss at Rs 115. Traders can initiate a BUY Trade for Chambal Fertilisers with a stop loss at Rs 335, as per Sukhani.
Sukhani has suggested SELL Call for Havells with a stop loss at Rs 1,316.
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.