Sudarshan Sukhani: BUY Tech Mahindra, Motherson Sumi; SELL Bharti Airtel and Godrej Consumer
Technical analyst Sudarshan Sukhani has suggested two BUY Calls and two SELL Calls for today’s trading session. Indian markets are expected to open strong today as global markets have turned bullish in the recent trading sessions. Indian Markets should trade positively today and we can expect recovery in many blue-chip stocks.
Sukhani has suggested BUY Trade for automobile components maker Motherson Sumi with a stop loss of Rs 214, target at Rs 224. Among technology stocks, traders can initiate a BUY Trade for Tech Mahindra with a stop loss of Rs 1,005, target at Rs 1,050.
Sukhani has suggested SELL Trade for FMCG major Godrej Consumer with a stop loss of Rs 690, target at Rs 665. Traders can SELL telecom major Bharti Airtel with a stop loss of Rs 530, target at Rs 512, 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.