Sudarshan Sukhani: BUY Siemens, Tata Chemicals, Titan; SELL SBI
Technical analyst Sudarshan Sukhani has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open positive but we could see selling pressure at higher levels. There is also a chance of markets declining today. Asian markets were trading mixed today with Chinese markets trading nearly one percent lower. The US markets closed positive with Dow Jones at its all-time highs.
Sukhani has suggested BUY Trade for Tata Chemicals with a stop loss of Rs 775, target at Rs 900. Other stock from Tata Group on Sukhani’s radar is Titan. Traders can BUY Titan with a stop loss of Rs 1,460, target at Rs 1,510, as per Sukhani.
Sukhani has suggested BUY Trade for engineering major Siemens with a stop loss of Rs 1,890, target at Rs 1,960.
Traders can Sell public sector banking major SBI with a stop loss of Rs 386, target at Rs 375, 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.