Sudarshan Sukhani: BUY Tata Consumer, Maruti Suzuki, Escorts and Divi’s Labs
Technical analyst Sudarshan Sukhani has suggested four BUY Calls and no SELL Calls for today’s trade, suggesting a bullish outlook for Indian markets.
Sukhani has two stocks from automobile sector on his BUY list for the trading session. Traders can BUY Escorts with a stop loss of Rs 1,371, target at Rs 1,447, as per Sukhani. Traders can initiate a BUY Trade for automobile major Maruti Suzuki with a stop loss of Rs 6,750, target at Rs 7,000, as per Sukhani.
Sukhani has suggested BUY Call for pharmaceutical major Divi's Labs with a stop loss of Rs 3,395, target at Rs 3,546.
Sukhani has suggested BUY Trade for FMCG major Tata Consumer with a stop loss of Rs 508, target at Rs 530. Tata Consumer is looking strong on the charts after the recent surge in price of the stock.
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.