Mitesh Thakkar: BUY Bharat Forge, Hindalco, PowderGrid; SELL Britannia Industries
Market analyst Mitesh Thakkar has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are looking bullish and global trends suggest that Indian markets could touch fresh all-time high in today’s trade. Indian markets have been trading strong over the last few trading sessions and blue-chip counters are trading near their lifetime highs. Indian markets are expected to open strong today and we could see further buying in select stocks.
Thakkar has suggested BUY Trade for Bharat Forge with a stop loss of Rs 634, target at Rs 665. Traders can BUY metal Hindalco with a stop loss of Rs 272, target at Rs 295, as per Thakkar. Market expert Sudarshan Sukhani has also suggested BUY Call for Hindalco in today’s session.
Thakkar has suggested BUY Trade for PowerGrid with a stop loss of Rs 209, target at Rs 220.
Thakkar has suggested SELL Trade for Britannia with a stop loss of Rs 3,510, target at Rs 3,400.
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.