Sudarshan Sukhani: BUY SBI Card, UltraTech Cement, Strides Arcolab; SELL IRCTC
Technical analyst Sudarshan Sukhani has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open flat today and we can expect a range-bound session. US markets closed almost flat on Wednesday and global market cues are muted for today. Indian markets could test support levels for NSE Nifty during the trading session.
Sukhani has suggested BUY Call for cement counter UltraTech Cement with a stop loss at Rs 5,200. Sukhani doesn’t offer target price for stocks. Traders can decide their own target price depending on their risk appetite. Traders can BUY pharmaceutical counter Strides Arcolab with a stop loss at Rs 284.
Sukhani has suggested BUY Call for SBI Card with a stop loss at Rs 690. The stock is looking strong on the charts.
Sukhani has suggested SELL Call for IRCTC with a stop loss at Rs 598.
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.