Sudarshan Sukhani: BUY REC, ACC; SELL Titan and Dabur
Technical analyst Sudarshan Sukhani has suggested two BUY Calls and two SELL Calls for today’s trading session. Indian markets are expected to open slightly lower and we can see selling pressure across the board. Markets are looking slightly weak after yesterday’s choppy session. While markets can recover, it is quite possible that majority of trade would be in the negative territory today.
Sukhani has suggested BUY Call for cement major ACC with a stop loss of Rs 1,795, target at Rs 1,871. Traders can initiate a BUY Trade for REC with a stop loss of Rs 149, target at Rs 165, as per Sukhani.
Sukhani has suggested SELL Call for FMCG major Dabur with a stop loss of Rs 534, target at Rs 502.
Other stock on Sukhani’s radar for the trading session is Titan. Traders can SELL Titan with a stop loss of Rs 1,490, target at Rs 1,444, 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.