Sudarshan Sukhani: BUY Pidilite, Divi’s Labs, BalKrishna Industries and ICICI Prudential
Technical analyst Sudarshan Sukhani has suggested four BUY Call and no SELL Calls for today’s trading session, indicating a bullish outlook for Indian markets. US markets closed positive on Friday and Asian stocks have been trading mixed this morning. Indian markets are expected to open positive today and we can expect momentum to continue in index stocks.
Sukhani has suggested BUY Call for pharmaceutical major Divi's Labs with a stop loss of Rs 4,470, target at Rs 4,580. Traders can BUY Pidilite with a stop loss of 2,160, target at Rs 2,210, as per Sukhani.
Sukhani has suggested BUY Call for industrial and farming equipment tyre maker Balkrishna Industries with a stop loss of Rs 2,270, target at Rs 2,340.
Other stock on Sukhani’s radar is ICICI Prudential. The stock is looking strong on the charts. Traders can initiate a BUY Trade for ICICI Prudential with a stop loss of Rs 614, target at Rs 628, as per Sukhani.
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.