Sudarshan Sukhani: BUY UPL, HCL Technologies; SELL ZEE and Bharti Infratel

Sudarshan Sukhani: BUY UPL, HCL Technologies; SELL ZEE and Bharti Infratel

Technical analyst Sudarshan Sukhani has suggested two BUY calls and two SELL calls for today’s trading session. Traders can expect Indian markets to open slightly negative on Monday, as per the trends for SGX Nifty. Indian markets have been trading strong for the last few weeks and many stocks are now in overbought territory. We could see minor correction in markets during the next few trading sessions.

Traders can Buy HCL Tech with a stop loss of Rs 691, target at Rs 736, as per Sukhani. Other stock on Sukhani’s buying list for the day is UPL, also recommended by market expert Ashwani Gujral for today’s trade. Traders can Buy UPL with a stop loss of Rs 457, target at Rs 517.

Traders can initiate a SELL trade for Bharti Infratel with a stop loss of Rs 202, target at Rs 172, as per Sukhani. Sukhani has also suggested SELL trader for Zee Entertainment with a stop loss of Rs 148, target at Rs 118.

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.

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