Sudarshan Sukhani: BUY UltraTech Cement, ICICI Bank, Asian Paints and Infosys
Technical analyst Sudarshan Sukhani has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to trade strong today and we can expect fresh all-time high for NSE Nifty and BSE Sensex. The mood in the markets is upbeat after Nifty crosses 16,000 levels for the first time. The bullish sentiment has also been helped by positive close for US and European markets.
Sukhani has suggested BUY Call for private banking major ICICI Bank with a stop loss of Rs 683 and a target of Rs 699. Traders can BUY cement counter UltraTech Cement with a stop loss of Rs 7,750 and a target of Rs 7,980, as per Sukhani.
Sukhani has suggested BUY Call for Asian Paints with a stop loss of Rs 3,000 and a target of Rs 3,070.
Among technology stocks, Infosys Technologies remains a favorite of investors and traders. Traders can BUY Infosys with a stop loss of Rs 1,640 and a target of Rs 1,675, 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.