Sudarshan Sukhani: BUY Tata Consumer, Siemens; SELL Tata Motors
Technical analyst Sudarshan Sukhani has suggested two BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open positive today and we can witness stock specific action in the markets today. US markets closed positive on Tuesday and Indian markets are looking forward to a strong session before Diwali.
Sukhani has suggested BUY Call for engineering major Siemens with a stop loss at Rs 2,190. Sukhani has suggested BUY Call for FMCG major Tata Consumer Products with a stop loss at Rs 806. Sukhani has not been providing target price for the last few trading sessions. Traders can find a suitable exit point while keeping the stop loss.
Sukhani has suggested SELL Trade for automobile major Tata Motors at current levels. No stop loss or target price has been suggested for Tata Motors. Traders can keep their own reasonable target price to cover the trade.
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.