Sudarshan Sukhani: BUY Tata Consumer, UPL, Berger Paints; SELL LIC Housing
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 today and we can expect markets to trade negative today. US markets closed mixed on Wednesday but Asian stocks have been trading low today. European stocks closed positive yesterday after a positive economic outlook for European market.
Sukhani has suggested BUY Call for UPL with a stop loss of Rs 807, target at Rs 830. Traders can initiate a BUY Trade for FMCG major Tata Consumer Products with a stop loss of 755, target at Rs 772, as per Sukhani.
Sukhani has suggested BUY Call for Berger Paints with a stop loss of Rs 836, target at Rs 858.
Traders can SELL LIC Housing Fin with a stop loss of Rs 470, target at Rs 460, as per Sukhani. The stock is looking weak on the charts.
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.