Sudarshan Sukhani: BUY IndiGo, NMDC and Oberoi Realty
Technical analyst Sudarshan Sukhani has suggested three BUY Calls and no SELL Call for today’s trading session. Indian markets have been trading lower over the last few trading session. Many market participants are awaiting a correction in the markets. US markets closed mixed on Tuesday and Asian markets were trading mixed this morning. Indian markets are expected to move sideways this week due to absence of any major trigger this week.
Sukhani has suggested BUY Call for real estate counter Oberoi Realty with a stop loss at Rs 870. The stock is looking strong on the charts. Sukhani has not been suggesting any target price during the last few weeks as markets are hovering around their all-time highs.
Sukhani has suggested BUY Call for NMDC with a stop loss at Rs 134.
Traders can initiate a BUY Trade for the biggest domestic airline operator IndiGo with a stop loss at Rs 2,100, 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.