Mitesh Thakkar: BUY ITC, Bata India, Tata Motors and Dixon Tech
Market analyst Mitesh Thakkar has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open strong today as the global markets have turned positive. We can expect NSE Nifty and BSE Sensex to recover from the last week’s losses. Markets are expected to trade positive for the rest of the trading session.
Thakkar has suggested BUY Call for FMCG major ITC for a target of Rs 245 with a stop loss at Rs 230. Traders can initiate a BUY Trade for automobile major Tata Motors for a target of Rs 344 with a stop loss at Rs 328, as per Thakkar. The stock is looking strong on the charts.
Thakkar has suggested BUY Call for footwear maker Bata for a target of Rs 1,900 with a stop loss at Rs 1,810. Traders can initiate a BUY Call for Dixon Tech for a target of Rs 5,100 with a stop loss at Rs 4,760, 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.