Mitesh Thakkar: BUY Biocon, Bandhan Bank, Lupin; SELL Amara Raja
Market analyst Mitesh Thakkar has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets witnessed a decline in yesterday’s trade after many strong trading sessions. However, the market ended flat yesterday. Market experts are looking forward to a decline in the markets today and NSE Nifty could test support levels in today’s session.
Thakkar has suggested BUY Call for private banking major Bandhan Bank with a stop loss of Rs 344, target at Rs 370. Traders can BUY Biocon with a stop loss of Rs 412, target at Rs 435, as per Thakkar.
Thakkar has suggested BUY Call for pharmaceutical major Lupin with a stop loss of Rs 1,057, target at Rs 1,135.
Thakkar has suggested SELL Trade for Amara Raja with a stop loss of Rs 923, target at Rs 875 as the stock is looking weak 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.