Sudarshan Sukhani: BUY Siemens, Berger Paints; SELL PVR and Ambuja Cements
Technical analyst Sudarshan Sukhani has suggested two BUY Calls and two SELL Calls for today’s trading session. Indian markets have been trading strong for the last few trading sessions and market experts are looking forward to a healthy correction in stocks. Dow Jones closed marginally lower on Wednesday and Asian stocks have been trading mixed this morning. Indian markets are expected to open flat for today’s session and we could see selling pressure at higher levels.
Sukhani has suggested BUY Call for Berger Paints with a stop loss of Rs 679, target at Rs 709. Traders can initiate a BUY Trade for engineering major Siemens with a stop loss of Rs 1,520, target at Rs 1,560, as per Sukhani.
Sukhani has suggested two SELL Calls for today’s session. Traders can Sell Ambuja Cements with a stop loss of Rs 254, target at Rs 235, as per Sukhani.
Sukhani has suggested SELL Call for multiplex operator PVR with a stop loss of Rs 1,463, target at Rs 1,357.
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.