Sudarshan Sukhani: BUY Tata Consumer, Godrej Properties, Dr. Reddy’s; SELL SUN TV
Technical analyst Sudarshan Sukhani has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets have been trading firm over the last few weeks and we have witnessed NSE Nifty touching all-time high on many occasions during December 2020. Markets are still trading strong and we can expect a positive opening for today’s session. Markets have not seen any major correction over the last few months and some analysts are concerned about continuous rise in the markets.
Traders can initiate a BUY Trade for real estate major Godrej Properties with a stop loss of Rs 1,415, target at Rs 1,443 as per Sukhani.
Sukhani has suggested BUY Call for FMCG major Tata Consumer with a stop loss of Rs 594, target at Rs 610.
Traders can initiate a BUY Trade for pharmaceutical major Dr Reddy's Labs with a stop loss of Rs 5,190, target at Rs 5,320, as per Sukhani.
Sukhani has suggested SELL Call for South Indian broadcaster Sun TV with a stop loss of Rs 484, target at Rs 472.
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.