Sudarshan Sukhani: BUY Zee Entertainment, L&T Technology and Alembic Pharmaceuticals
Technical analyst Sudarshan Sukhani has suggested three BUY Calls and no SELL Call for today’s trading session. Indian markets can witness a highly volatile session today and stock movement will depend on the overall trend in the markets. US markets closed sharply lower on Friday and the bearish sentiment was witnessed in the global markets. NSE Nifty can see support around 16,750 on the lower side. We can also see a small pullback in today’s session.
Sukhani has suggested BUY Call for Alembic Pharmaceuticals. Traders can BUY the pharmaceutical stock under a one day low of Rs 775, as per Sukhani.
Sukhani has suggested BUY Call for L&T Technology Services as the stock is looking strong on the charts. L&T Technology has been an outperformer and if there is strength in the stock during the intraday trade, we can see a breakout in this counter, as per Sukhani.
Sukhani has suggested BUY Call Zee Entertainment at current levels with a stop under Rs 326.
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.