Mitesh Thakkar: BUY Britannia, Coal India, Kotak Mahindra Bank; SELL Glemark Pharma
Market analyst Mitesh Thakkar has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open positive today after last week’s volatile trade. US markets closed positive on Friday and Asian stocks have been trading mixed. Markets can test higher levels during the first half of the trade and we can expect selling pressure coming in the afternoon session.
Thakkar has suggested BUY Trade for Britannia Industries with a stop loss of Rs 3,470, target at Rs 3,550. Traders can BUY Coal India with a stop loss of Rs 148, target at Rs 158, as per Thakkar.
Thakkar has suggested BUY Trade for private banking major Kotak Mahindra Bank with a stop loss of Rs 1,899, target at Rs 1,965.
Thakkar has suggested SELL Trade for pharmaceutical major Glenmark Pharma with a stop loss of Rs 471, target at Rs 440 –
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.