Sudarshan Sukhani: BUY Voltas, Amara Raja; SELL Dr Reddy’s and Berger Paints
Technical analyst Sudarshan Sukhani has suggested two BUY Calls and two SELL Calls for today’s trading session. Indian markets managed to close positive for two trading sessions and Asian market cues suggest that Indian stocks would open higher today. NSE Nifty could trade above 15,000 levels and we can expect markets to close positive today.
Sukhani has suggested BUY Call for Amara Raja Batteries with a stop loss of Rs 898, target at Rs 922 as the stock is looking strong on the charts. Sukhani has suggested BUY Trade for Voltas with a stop loss of Rs 1,050, target at Rs 1,095.
Sukhani has suggested SELL Trade for Berger Paints with a stop loss of Rs 721, target at Rs 701.
Other stock on Sukhani’s radar for the trading session is pharmaceutical major Dr Reddy’s. Traders can SELL Dr Reddy's with a stop loss of Rs 4,460, target at Rs 4,320, 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.