Mitessh Thakkar: BUY Tata Steel, Cipla; SELL IndiaBulls Housing and Tata Chemicals
Market analyst Mitesh Thakkar has suggested two BUY Calls and two SELL Calls for today’s trading session. Indian markets are expected to witness a gap-up opening today as the Asian markets are showing strength. Indian markets have been trading lower for the last few trading sessions and we can see a recovery today.
Thakkar has suggested BUY Call for pharmaceutical major Cipla for a target price of Rs 965 with a stop loss at Rs 940. Traders can initiate a BUY Trade for steel major Tata Steel for a target of Rs 1,250 with a stop loss at Rs 1,204, as per Thakkar.
Thakkar has suggested SELL Trade for Indiabulls Housing Finance for a target of Rs 180 with a stop loss at Rs 204.
Traders can initiate a SELL Trade for Tata Chemicals for a target of Rs 965 with a stop loss at Rs 940, 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.