Mitesh Thakkar: BUY Grasim, Can Fin Homes, Amara Raja Batteries; SELL Aarti Industries
Market analyst Mitesh Thakkar has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open flat today and we can expect selling at higher levels. US and European markets closed negative on Tuesday and we can expect slight correction in stocks this week. Markets have been trading firm and there hasn’t been any meaningful correction over the last few months. Asian markets were trading lower in today’s trade.
Thakkar has suggested BUY Call for Amara Raja Batteries for a target price of Rs 735 with a stop loss at Rs 712. Other stock on Thakkar’s radar for the trading session is cement major Grasim. Traders can BUY Grasim for a target of Rs 1,590 with a stop loss at Rs 1,539, as per Thakkar.
Thakkar has suggested BUY Trade for Can Fin Homes for a target of Rs 642 with a stop loss at Rs 600. The stock is looking strong on the charts.
Traders can SELL Aarti Industries for a target of Rs 877 with a stop loss at Rs 917, as per Thakkar.
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.