Sudarshan Sukhani: BUY Reliance, ITC, Jubilant FoodWorks; SELL Cadila HealthCare
Technical analyst Sudarshan Sukhani has suggested three BUY and one SELL Call for today’s trading session. Indian markets have witnessed two days of correction and we can expect a small bounce-back in today’s trade. Markets can see a strong opening today and we can expect select stocks to witness a strong performance.
Sukhani has suggested BUY Call for Reliance Industries with a stop loss of Rs 1,950, target at Rs 2,020 Traders can BUY FMCG major ITC with a stop loss of Rs 215, target at Rs 226, as per Sukhani.
Sukhani has suggested BUY Call for Domino’s master franchisee in India, Jubilant FoodWorks. Traders can initiate a BUY Trade for Jubilant Foodworks with a stop loss of Rs 2,770, target at Rs 2,840, as per Sukhani.
Sukhani has suggested SELL Trade for pharmaceutical major Cadila Healthcare with a stop loss of Rs 480, target at Rs 464.
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.