Sudarshan Sukhani: BUY TCS, Sun Pharma, Zee; SELL Escorts Limited
Technical analyst Sudarshan Sukhani has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open flat today but we can see volatility during the trading session due to Options Expiry today. Asian markets have been trading mixed today and we can expect selling pressure at higher levels in Indian market today. Markets are facing resistance above 15,300 levels for NSE Nifty.
Sukhani has suggested BUY Call for technology major TCS with a stop loss of Rs 3,120, target at Rs 3,320. Traders can initiate BUY Trade for broadcasting major Zee with a stop loss of Rs 203, target at Rs 210, as per Sukhani.
Sukhani has suggested BUY Sun Pharma with a stop loss of Rs 694, target at Rs 718. Pharmaceutical companies are again witnessing sustained buying.
Sukhani has suggested SELL Call for automobile major Escorts with a stop loss of Rs 1,150, target at Rs 1,120.
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.