Sudarshan Sukhani: BUY Tech Mahindra, ACC and JSW Steel
Technical analyst Sudarshan Sukhani has suggested three BUY Calls for short term traders. Indian markets are expected to open strong today and we can expect fresh highs for the markets. The market sentiment is bullish and with quarterly results, we can expect stock specific action. US and European markets closed strong on Friday.
Sukhani has suggested BUY Call for cement major ACC with a stop loss at Rs 2,250. ACC is looking strong on the charts and with construction activity picking up after COVID-19, we can expect cement companies to report strong numbers.
Among technology companies, Tech Mahindra is on Sukhani’s radar. Traders can BUY Tech Mahindra with a stop loss at Rs 1,377, as per Sukhani.
Sukhani has also recommended BUY Call for JSW Steel at current price. The stock is looking strong on the charts. Sukhani has not suggested Stop Loss for JSW steel.
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.