Mitesh Thakkar: BUY Apollo Tyres, Glenmark Pharma, Marico and Bharat Forge
Market analyst Mitesh Thakkar has suggested four BUY Calls and no SELL Calls for today’s trading session. Indian markets recovered after a negative start on Friday and market participants are expecting markets to trade positive today. We could witness selling pressure during the afternoon session and it is possible that the markets could end the trading session negative.
Thakkar has suggested BUY Call for Apollo Tyres with a stop loss of Rs 188.50, target at Rs 202. Traders can initiate a BUY Trade for Bharat Forge with a stop loss of Rs 545, target at Rs 570.
FMCG major Marico is on Thakkar’s radar for the trading session. Traders can BUY Marico with a stop loss of Rs 406, target at Rs 430, as per Thakkar.
In pharmaceutical sector Thakkar has suggested BUY Call for Glenmark Pharmaceuticals. Traders can BUY Glenmark Pharma with a stop loss of Rs 518, target at Rs 550, 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.