Mitesh Thakkar: BUY APL Apollo Tubes, SAIL, Bharat Forge; SELL Tata Chemicals
Market analyst Mitesh Thakkar has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open negative today and we can expect selling pressure as US and European markets will remain closed on Monday on account of Easter. Indian markets could remain under pressure for today’s session.
Thakkar has suggested BUY Call for Bharat Forge with a stop loss of Rs 599.5, target at Rs 635. Traders can BUY SAIL with a stop loss of Rs 80, target at Rs 90, as per Thakkar. The steel major is looking strong on the charts and there has been a rally in steel stocks during the recent trading sessions.
Thakkar has suggested BUY Trade for APL Apollo Tubes with a stop loss of Rs 974, target at Rs 1,020
Thakkar has suggested SELL Trade for Tata Chemicals with a stop loss of Rs 790.5, targets at Rs 755.
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.