Sudarshan Sukhani: BUY Reliance, HDFC, ONGC; SELL Zee Entertainment

Sudarshan Sukhani: BUY Reliance, HDFC, ONGC; SELL Zee Entertainment

Technical Analyst Sudarshan Sukhani has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open strong today and we can witness across the board buying today. Indian market sentiment has been positive for the last couple of weeks and markets have been looking for cues from global markets. US markets closed positive on Friday and this will positively impact the global market sentiment. Traders can expect NSE Nifty to breach 18000 levels after a long time in today’s trade.

Sukhani has suggested BUY Call for financial services major HDFC at current levels with a stop under Rs 2,350. 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.

Traders can initiate a BUY Call for Reliance Industries at current levels with a stop under Rs 2,450. The stock is looking strong on the charts. Sukhani has suggested BUY Call for PSU energy major ONGC at current price with a stop under Rs 131.

Sukhani has suggested SELL Call for Zee Entertainment with a stop above Rs 268. This call is for intraday traders.

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.

General: 
Regions: