Mitesh Thakkar: BUY Bandhan Bank, Bata India, Escorts India; SELL Britannia Industries
Market analyst Mitesh Thakkar has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open positive on Friday as markets have decisively closed above 39,000 level for BSE Sensex after a long time. US markets closed positive on Thursday and we can expect further strength in global markets.
Thakkar has suggested Buy Call for medium-sized private sector bank Bandhan Bank with a stop loss of Rs 305, target at Rs 322. Bandhan Bank has been suggested as BUY for today’s trade by Ashwani Gujral as well. Traders can initiate BUY Trade in Bata India with a stop loss of Rs 1,333, target at Rs 1,390.
Thakkar has suggested BUY Call for Escorts as the stock is looking strong on the charts. Traders and initiate Buy trade in Escorts with a stop loss of Rs 1,132, target at Rs 1,210.
Thakkar has suggested Sell Trade for FMCG major Britannia Industries with a stop loss of Rs 3,860, target at Rs 3,720.
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.