Sudarshan Sukhani Trading Call Performance for Hero MotoCorp, TCS, BPCL and Just Dial
Indian markets closed negative on Tuesday and Technical analyst Sudarshan Sukhani had suggested two BUY Calls and Two SELL calls for the trading session. As markets were in trading zone with not any surprising moves, the trading calls should have performed well. TopNews reviews performance of Sukhani’s calls.
Market expert Sudarshan Sukhani suggested traders to BUY TCS with a stop loss of Rs 1,900, target at Rs 1,980. TCS opened at Rs 1,933 and touched intraday high of Rs 1,956. The stock touched intraday low of Rs 1,910 thus avoiding Stop Loss. This call can be termed as moderately successful as the target price was quite far but the stock was showing strength.
Other stock on Sukhani’s list is Hero MotoCorp. Traders were suggested to Buy Hero MotoCorp with a stop loss of Rs 2,040, target at Rs 2,150. The stock jumped nearly 6 percent during the previous session as the company announced production numbers. Hero MotoCorp opened at Rs 2,093 and touched intraday high of Rs 2,134. The stock witnessed strength but couldn’t reach the target price suggested by Sukhani. This call can be termed as Moderately Successful.
Sukhani suggested Sell Call for BPCL with a stop loss of Rs 317, target at Rs 309. BPCL opened at Rs 310.50 and touched intraday high of Rs 319.80. The stock reached Stop Loss and didn’t reach the target price of Rs 309. This call has also FAILED. Stop Loss was hit in this Call.
Sukhani also suggested traders to initiate a Sell trade in Just Dial with a stop loss of Rs 360, target at Rs 320. Just Dial opened at Rs 341 and touched intraday high of Rs 351 and low of Rs 336. This call has failed.