Sudarshan Sukhani: BUY Ramco Cements, BalKrishna Industries, Petronet; SELL SBI Cards
Technical Analyst Sudarshan Sukhani has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open positive today and we can see stock specific action in the markets. The overall trend in Indian markets is positive and NSE Nifty is above is major resistance levels. Markets would still depend on the trends in the global markets but local sentiment is bullish.
Sukhani has suggested BUY Call for Balkrishna Industries with a stop loss at Rs 1,915. The stock is looking strong on the charts. 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 Petronet LNG with a stop loss at Rs 208. Sukhani has suggested BUY Call for Ramco Cement with a stop loss at Rs 715.
Traders can initiate a SELL Call for SBI Card with a stop loss at Rs 821, 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.