Mitesh Thakkar: BUY Cadila Healthcare, Cipla, Tata Steel and Page Industries
Market expert Mitesh Thakkar has suggested four BUY calls for today’s trading session. Indian markets closed strong on Wednesday and we could expect strong opening today as well due to strength in the US markets on Wednesday. Indian currency was trading at Rs 75.72 against USD this morning. Traders can expect a good trading session with many chances for stock-specific trades. Many Indian companies have reported better-than-expected fourth quarter results this week.
Thakkar has suggested BUY call for Cadila Healthcare with a stop loss of Rs 329, target at Rs 355. Cadila Healthcare is also on radar of technical analyst Sudarshan Sukani for today’s trading session. TopNews will review performance of trading calls by the end of the trading session.
Another pharmaceutical major Cipla is on Thakkar’s buying list for the day. Thakkar expects Cipla to touch 52-week high today. Traders can Buy Cipla with a stop loss of Rs 610, target at Rs 640.
Famous apparel brand Jockey’s official Indian partner Page Industries is also on Thakkar’s buy list for the day. Traders can buy Page Industries with a stop loss of Rs 18,100, target at Rs 19,500. Thakkar has also suggested buy trade for Tata Steel with a stop loss of Rs 275, target at Rs 298.
Please keep strict stop loss for all the trades as markets are highly volatile.