Sudarshan Sukhani: SELL Granules; BUY Bharat Forge, Divi’s and Bajaj Auto
Technical analyst Sudarshan Sukhani has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open lower today as US and European markets suffered another day of selling on Monday. Indian markets declined massively on Monday and market sentiment is surely negative.
Sukhani has suggested BUY Call for automobile major Bajaj Auto with a stop loss at Rs 3,800 Sukhani doesn’t offer target price for stocks. Traders can decide their own target price depending on their risk appetite. Trader can initiate a BUY Trade for Bharat Forge with a stop loss at Rs 649.
Sukhani has suggested BUY Call for pharmaceutical counter Divi’s Laboratories with a stop loss at Rs 3,300.
Sukhani has suggested SELL Trade for Granules India with a stop loss at Rs 265.
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.