Sudarshan Sukhani: SELL Crompton Greaves and Alkem Laboratories
Technical analyst Sudarshan Sukhani has suggested two SELL Calls and no BUY Call for today’s trading session. Indian markets are expected to open lower today but we can witness a volatile session. Banking and automobile stocks will be focus in today’s trade. Indian markets have been hovering around all time highs for major indices and many stocks have witnessed a strong rally in the recent months.
Sukhani has suggested SELL Trade for Crompton Greaves and Alkem Laboratories. Sukhani has suggested SELL Trade for Alkem Laboratories with Stop Loss at Rs 3640. No target price has been suggested and traders can select their own target price for this counter.
Traders can SELL Crompton Greaves with Stop Loss at Rs 478.
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.