Sudarshan Sukhani: BUY SBI Life, Axis Bank, Pidilite; SELL Mahindra & Mahindra
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 range-bound trading session. Asian markets have been trading mixed this morning. Indian markets are hovering around their all-time highs for major indices and the sentiment in the markets is still bullish. US stocks closed mixed yesterday as Nasdaq closing higher and Dow Jones slightly lower.
Sukhani has suggested BUY Call for SBI Life for a target price of Rs 1,245 with a stop loss at Rs 1,200. Private banking major Axis Bank is on Sukhani’s radar for the day. Traders can BUY Axis Bank for a target of Rs 810 with a stop loss at Rs 790, as per Sukhani.
Sukhani has suggested BUY Call for Pidilite Industries for a target of Rs 2,350 with a stop loss at Rs 2,285.
Traders can SELL automobile major Mahindra & Mahindra for a target of Rs 755 with a stop loss at Rs 780, 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.