Sudarshan Sukhani: BUY Sun Pharma, Syngene; SELL GNFC and Rain Industries

Sudarshan Sukhani: BUY Sun Pharma, Syngene; SELL GNFC and Rain Industries

Technical analyst Sudarshan Sukhani has suggested two BUY Calls and two SELL Calls for today’s trading session. Indian markets are expected to open flat today and we could see a range-bound session. Mid-cap stocks have been outperforming in the recent trading sessions. US and European markets closed mixed on Monday. Indian markets are looking forward to trends in the global markets at the moment. We can expect range-bound trade this week.

Sukhani has suggested BUY Call for pharmaceutical major Sun Pharma at current levels with a stop loss of Rs 1,130. Sukhani doesn’t offer target price for stocks. Traders can choose their own target depending on risk appetite. Sun Pharma is looking strong on the charts. Sukhani has suggested BUY Call for Syngene with a stop loss of Rs 810.

Sukhani has suggested SELL Call for GNFC at current price with a stop loss of Rs 575. Traders can initiate a SELL Trade for Rain Industries at current levels with a stop loss of Rs 166.

All trades should be conducted with strict Stop Loss. Markets can have unpredicted moves based on news and trends in the global markets. Stop Loss is an important strategy to reduce the risk in case the stock doesn’t move as per the call given by market experts.

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