Mitesh Thakkar: BUY Page Industries; SELL Bajaj Finance, Motherson Sumi and Dabur
Market expert Mitesh Thakkar has suggested one BUY Call and three SELL Calls for today’s trading session. Indian markets are expected to open lower today after two days of selling pressure witnessed by Indian stocks.
Thakkar has suggested only one BUY Call for the day, for Jockey’s Indian partner Page Industries. Traders can BUY Page Industries with a stop loss of Rs 18,950, target at Rs 20,200, as per Thakkar.
Thakkar has suggested SELL Trade for FMCG major Dabur with a stop loss of Rs 492, target at Rs 470. Thakkar has also suggested SELL Call for Bajaj Finance. Traders can initiate a SELL trade in Bajaj Finance with a stop loss of Rs 3,281, target at Rs 3,155.
Automobile components manufacturer Motherson Sumi is also on Thakkar’s selling list for the trading session. Traders can SELL Motherson Sumi with a stop loss of Rs 112, target at Rs 103.
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.