Sudarshan Sukhani: BUY UltraTech Cement, Dr Lal PathLabs; SELL Adani Ports, Amara Raja Batteries
Technical analyst Sudarshan Sukhani has suggested two BUY Calls and two SELL Calls for today’s trading session. Indian markets are expected to open lower today as global markets have turned negative last week. US markets and European markets closed lower on Friday and the trend in the Asian markets has been negative. Traders should keep strict stop loss and there is a possibility of a large intraday correction in today’s trade.
Sukhani has suggested BUY Call for Dr Lal Pathlabs with a stop loss of Rs 3,385, target at Rs 3,455. Other stock on Sukhani’s radar for the day is cement major UltraTech Cement. Traders can BUY UltraTech Cement with a stop loss of 7,230, target at Rs 7,450, as per Sukhani.
Sukhani has suggested SELL Trade for Amara Raja Batteries with a stop loss of Rs 735, target at Rs 720. Traders can SELL Adani Ports with a stop loss of Rs 695, target at Rs 680, 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.