Sudarshan Sukhani: SELL Tata Motors; BUY LT Technology, Persistent Systems and IEX
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 but we might see a limited downside. Global markets are still facing high volatility but there has been support at lower levels. US and European markets closed negative on Monday but there was buying support at lower levels.
Sukhani has suggested SELL Call for automobile major Tata Motors with a stop loss at Rs 402.
Sukhani has suggested BUY Trade for IEX with a stop loss at Rs 201. Other stock on Sukhani’s radar is Persistent Systems. Traders can BUY Persistent Systems with a stop loss at Rs 3,950 as this counter is looking strong on the technical charts.
Sukhani has suggested BUY Call for L&T Technology with a stop loss at Rs 4,500.
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.