Sudarshan Sukhani: BUY PNB, SAIL, Ramco Cements and Intellect Design
Technical analyst Sudarshan Sukhani has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open strong and we can witness positive trading session. US and European markets closed positive on Tuesday and the trend is looking strong in the Asian markets as well. Indian markets will witness stock specific action as quarterly results will be announced by many companies these days.
Sukhani has suggested BUY Call for Intellect Design Arena with a stop loss at Rs 662. Sukhani doesn’t offer target price for stocks. Traders can decide their own target price depending on their risk appetite. Sukhani has suggested BUY Call for public sector banking major Punjab National Bank with a stop loss at Rs 30.
Sukhani has suggested BUY Call for PSU steel counter Steel Authority of India Ltd (SAIL) with a stop loss at Rs 71.
Traders can BUY Ramco Cements, as per Sukhani. The stock is looking strong 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.