Sudarshan Sukhani: BUY Pidilite Industries, Biocon; SELL Polycab and Hindalco

Sudarshan Sukhani: BUY Pidilite Industries, Biocon; SELL Polycab and Hindalco

Technical analyst Sudarshan Sukhani has suggested two BUY Calls and two SELL Calls for today’s trading session. Indian markets are expected to open flat today and we could see buying in select counters. US markets closed mixed on Wednesday and European markets were also flat. Indian markets are expected to remain in a narrow range and there can be stock specific action due to quarterly results.

Sukhani has suggested BUY Call for Biocon with a stop loss at Rs 318. Sukhani doesn’t offer target price for stocks. Traders can decide their own target price depending on their risk appetite. Traders can initiate a BUY Trade for Pidilite Industries with a stop loss at Rs 2,230, as per Sukhani.

Sukhani has suggested SELL Call for metal counter Hindalco with a stop loss at Rs 352. Traders can initiate a SELL Trade for Polycab with a stop loss at Rs 2,249. The stock is looking weak on the charts.

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.

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