Mitesh Thakkar: BUY Apollo Hospitals, Shree Cement, ICICI Prudential; SELL JSPL
Market analyst Mitesh Thakkar has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets have closed negative on Thursday as global markets have turned bearish. Markets are expected to open lower today and we can expect further correction in many of the blue-chip stocks. Markets would be giving an opportunity to sell at higher levels and recover at lows of the day.
Thakkar has suggested BUY Call for Apollo Hospitals with a stop loss of Rs 3,066, target at Rs 2,970. The stock is looking strong on the charts. Thakkar has suggested BUY Trade for ICICI Prudential with a stop loss of Rs 485, target at Rs 510.
Cement stocks have been trading strong over the last few sessions. Thakkar has suggested BUY Trade for Buy Shree Cement with a stop loss of Rs 27,980, target at Rs 29,400.
Traders can SELL JSPL with a stop loss of Rs 342, target at Rs 321, 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.