Sudarshan Sukhani: BUY NMDC, Indraprastha Gas; SELL Hindalco

Sudarshan Sukhani: BUY NMDC, Indraprastha Gas; SELL Hindalco

Technical analyst Sudarshan Sukhani has suggested two BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open lower today and we can expect selling pressure during the trading session. Indian markets have been trading firm for quite some time and a correction has been missing in the markets. We can expect stock specific action in today’s trade.

Sukhani has suggested BUY Call for energy major Indraprastha Gas with a stop loss at Rs 477. Traders can initiate a BUY Trade for NMDC at current price with a stop loss at Rs 141. No target price has been suggested and traders can select their own target price for this counter.

Sukhani has suggested SELL Trade for metal counter Hindalco with a stop loss at Rs 476.

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.

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