Sudarshan Sukhani: BUY Siemens, BPCL, Larsen & Toubro; SELL Century Textiles
Technical analyst Sudarshan Sukhani has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open slightly lower after many days of smart gains. This week, BSE Sensex and NSE Nifty touched all-time high on multiple occasions and bulls are in charge of the markets right now. We can expect stock specific action in the upcoming trading sessions but the undertone of the markets is bullish.
Sukhani has suggested BUY Call for PSU Energy and Oil major BPCL with a stop loss of Rs 379, target at Rs 425. Infrastructure major Larsen and Toubro is on Sukhani’s radar as the stock is looking strong on the charts. Traders can initiate a BUY Trade for Larsen & Toubro with a stop loss of Rs 1,031, target at Rs 1,107, as per Sukhani.
Sukhani has suggested BUY Call for engineering major Siemens India with a stop loss of Rs 1,347, target at Rs 1,423.
Century Textiles is on Sukhani’s selling list for the trading session. Traders can SELL Century Textiles with a stop loss of Rs 318, target at Rs 287, 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.