Mitesh Thakkar: BUY Apollo Hospitals, Eicher Motors, Grasim and SBI Life
Market expert Mitesh Thakkar has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open lower today and we can see selling pressure across the board. However, market direction would depend on trends in European markets and US Stock Futures. Indian markets have gained smartly over the last couple of weeks and many market participants are expecting a healthy correction in the markets before future course of action on the markets. NSE Nifty is hovering around its all-time high and next major resistance is 19000 levels.
Thakkar has suggested BUY Call for Apollo Hospitals at current levels for target of Rs 4,990 with a Stop Loss at Rs 4,820. Thakkar has suggested BUY Trade for cement major Grasim Industries at current price for a target of Rs 1,865 with a stop loss at Rs 1,800.
Thakkar has suggested BUY Call for SBI Life at current levels for a target of Rs 1,335 with a stop loss at Rs 1,280.
Thakkar has suggested BUY Trade for Eicher Motors for a target of Rs 3,270 with a stop loss at Rs 3,365. The stock is looking strong on the charts.
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.