Sudarshan Sukhani: BUY Siemens, InterGlobe Aviation, Infosys; SELL Hindalco
Technical analyst Sudarshan Sukhani has suggested three BUY Calls and one SELL Call for today’s trade. Indian markets are expected to open slightly positive for today’s trading session. Asian markets have been trading positive on Tuesday and Dow Jones closed nearly 1 percent higher on Monday. Stock specific action could be witnessed in Indian stock markets today.
Sukhani has suggested BUY Call for technology major Infosys with a stop loss of Rs 950, target at Rs 1,026. Technology companies witnessed strong performance on Monday after HCL Technologies shared about strong performance for the current quarter.
Sukhani has suggested BUY Call for Siemens with a stop loss of Rs 1,215, target at Rs 1,291. Traders can also initiate a BUY Trade for aviation major Indigo’s parent company InterGlobe Aviation as per Sukhani. Traders can BUY InterGlobe Aviation with a stop loss of Rs 1,273, target at Rs 1,423.
Sukhani has suggested SELL Trade for metals counter Hindalco with a stop loss of Rs 180, target at Rs 164.
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.