Mitesh Thakkar: BUY GAIL, SAIL, Nestle and Bharti Airtel
Market analyst Mitesh Thakkar has suggested four BUY Calls for today’s trading session and no Sell Calls, suggesting a bullish outlook for Indian markets. Indian stocks are expected to open positive today and we could see NSE Nifty moving above 13,000 levels. Markets can see stock specific action in today’s trade.
Thakkar has suggested BUY Trade for telecom operator Bharti Airtel with a stop loss of Rs 478, target at Rs 495.
Among PSU stocks, Thakkar has suggested BUY Trades for GAIL and SAIL. Traders can BUY GAIL with a stop loss of Rs 95, target at Rs 104, as per Thakkar. Traders can initiate a BUY Trade for steel major SAIL with a stop loss of Rs 40, target at Rs 43.
Thakkar has suggested BUY Trade for FMCG major Nestle with a stop loss of Rs 17,190, target at Rs 18,000.
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.