Sudarshan Sukhani: SELL Cummins India, PVR; BUY Bajaj Auto and SBI Life
Technical analyst Sudarshan Sukhani has suggested two BUY calls and two SELL calls for today’s trading session. Indian markets are expected to open strong on Monday. Quarterly results declared so far have positively surprised the markets and we may see stock specific action in the markets this week.
Sukhani has suggested BUY Call for automobile major Bajaj Auto. Traders can Buy Bajaj Auto with a stop loss of Rs 2,950, target at Rs 3,050. Other stock on Sukhani’s buying list for the day is SBI Life. Traders can Buy SBI Life with a stop loss of Rs 863, target at Rs 895.
Sukhani has suggested SELL calls for Cummins India and PVR. Traders can initiate a SELL trade in PVR with a stop loss of Rs 1,060, target at Rs 1,000. Traders can Sell Cummins India with a stop loss of Rs 393, target at Rs 373, as per Sukhani.
All traders 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.