Sudarshan Sukhani: BUY PI Industries; SELL Bandhan Bank, Hero MotoCorp and Bharti Airtel
Technical analyst Sudarshan Sukhani has suggested three SELL Calls and one BUY Call for today’s trading session. Indian markets are expected to open strong today and we can witness a positive close for the markets. US and European markets closed positive on Wednesday after a volatile trading session. Markets are facing uncertainty and with higher energy prices, there is unrest among short term traders.
Sukhani has suggested SELL Call for automobile major Hero MotoCorp with a stop loss at Rs 2,498. The stock is looking weak on the charts and with decline in markets, we can expect Hero MotoCorp to decline.
Sukhani has suggested SELL Trade for telecom operator Bharti Airtel with a stop loss at Rs 684
Sukhani has suggested Sell Call for private banking counter Bandhan Bank with a stop loss at Rs 305. The stock declined in yesterday’s trade and is looking weak on the charts.
Sukhani has suggested BUY Call for PI Industries with a stop loss at Rs 2,370.
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.