Mitesh Thakkar: BUY GAIL, ONGC, Bharat Forge; SELL Tata Chemicals
Market analyst Mitesh Thakkar has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open positive today and we can expect NSE Nifty to recover yesterday’s trading session losses. US markets closed flat and Asian markets have been trading mixed this morning. Traders can use higher levels to sell and recover at lower levels.
Thakkar has suggested BUY Call for Bharat Forge with a stop loss of Rs 620, target at Rs 655. Energy major ONGC is on Thakkar’s radar for the session. Traders can BUY ONGC with a stop loss of Rs 107, target at Rs 115, as per Thakkar.
Thakkar has suggested BUY Trade for energy PSU GAIL with a stop loss of Rs 140, target at Rs 150.
Thakkar has suggested SELL Call for Tata Chemicals with a stop loss of Rs 726, target at Rs 680. The stock is looking weak on the charts.
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.