Mitesh Thakkar: BUY SBI Life, Cadila HealthCare, Hindustan Unilever and Sun Pharma
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 and we could see NSE Nifty and BSE Sensex hitting new all-time high in today’s trade. Markets have been trading strong for the last few weeks and consistent buying support has led many stocks to their all-time highs. Markets are expected to close positive for today’s session.
Thakkar has suggested BUY Trade for pharmaceutical major Cadila Healthcare with a stop loss of Rs 480, target at Rs 515. In FMCG sector, HUL is on Thakkar’s radar for the trading session. Traders can initiate a BUY Trade for Hindustan Unilever with a stop loss of Rs 2,372, target at Rs 2,480.
Thakkar has suggested BUY Call for SBI Life Insurance with a stop loss of Rs 856, target at Rs 910.
Pharmaceutical and technology stocks have been trading strong. Thakkar has suggested BUY Call for Sun Pharmaceutical Industries with a stop loss of Rs 581, target at Rs 610.
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.