Sudarshan Sukhani: BUY Tech Mahindra, IRCTC, Indigo Airlines; SELL Glenmark Pharma
Technical analyst Sudarshan Sukhani has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open positive today as Asian markets are trading positive. Global market sentiment is still bullish and we can expect Indian markets to touch another lifetime high in today’s trade. The action in the markets could be stock specific but the overall sentiment is positive.
Sukhani has suggested BUY Call for technology major Tech Mahindra for a target price of Rs 1,470 with a stop loss at Rs 1,420. Traders can initiate a BUY Trade for IRCTC for a target of Rs 2,915 with a stop loss at Rs 2,840, as per Sukhani.
Sukhani has suggested BUY Call for private aviation major IndiGo for a target price of Rs 1,995 with a stop loss at Rs 1,940.
Sukhani has suggested SELL Trade for pharmaceutical counter Glenmark Pharmaceuticals for a target price of Rs 526 with a stop loss at Rs 540.
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.