Mitesh Thakkar: BUY Wipro, Glenmark Pharma, Shriram Transport; SELL Bharti Airtel
Market analyst Mitesh Thakkar has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open strong today. We can see NSE Nifty to breach major hurdle of 14530 during the session. If NSE Nifty sustains above 14,530, we can expect Nifty to reach the next resistance of 14,600. Global markets are trading strong and we can expect Indian markets to close positive today.
Thakkar has suggested BUY Trade for Glenmark Pharmaceuticals with a stop loss of Rs 550, target at Rs 580. The stock is looking strong on the charts.
Traders can BUY technology major Wipro with a stop loss of Rs 466, target at Rs 495. Technology companies have been announcing positive quarterly results.
Thakkar has suggested BUY Trade for SRT Finance with a stop loss of Rs 1,360, target at Rs 1,420.
Traders can SELL telecom major Bharti Airtel with a stop loss of Rs 530, target at Rs 505, 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.