Sudarshan Sukhani: BUY Tech Mahindra, HDFC, Berger Paints and Jubilant FoodWorks
Technical analyst Sudarshan Sukhani has suggested four BUY Calls and no SELL Calls suggesting a bullish outlook for the markets today. Indian markets are expected to open strong today. Markets have turned bullish globally and election of Joe Biden as the next US President has led to bullish sentiment among US traders. Indian markets have also witnessed strong fund inflows in the recent weeks.
Sukhani has suggested BUY Call for financial services major HDFC with a stop loss of Rs 2,115, target at Rs 2,170. Technology major Tech Mahindra is on Sukani’s buying list for the day as the stock is looking strong on the charts. Traders can initiate a BUY Trade for Tech Mahindra with a stop loss of Rs 840, target at Rs 865, as per Sukhani.
Sukhani has suggested BUY Call for domino’s pizza main franchisor in India, Jubilant FoodWorks with a stop loss of Rs 2,620, target at Rs 2,310.
Traders can initiate a BUY Trade for Berger Paints with a stop loss of Rs 642, target at Rs 660, as per Sukhani.
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.