Sudarshan Sukhani: SELL Abbott India, Aurobindo Pharma and Alkem Labs
Technical analyst Sudarshan Sukhani has suggested three SELL Calls and no BUY Call for short term traders. Indian markets are expected to open flat today. US and European markets closed almost flat on Monday. Indian markets are hovering around their all-time highs for major indices.
Sukhani has suggested three SELL Calls for pharmaceutical counters. Sukhani has suggested SELL Trade for Abbott India with a stop loss at Rs 20,285. No target price has been suggested and traders can select their own target price for this counter. Sukhani has suggested SELL Call for Aurobindo Pharma with a stop loss at Rs 694.
Traders can SELL Alkem Labs at current price with a stop loss at Rs 3,658 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.