Mitesh Thakkar: BUY Britannia, L&T Finance, Vodafone Idea; SELL Torrent Pharma
Market expert Mitesh Thakkar has suggested three BUY Calls and one SELL call for today’s trading session. Indian markets are expected to open strong as Asian stocks have been trading strong this morning. We could witness selling pressure at higher levels but overall sentiment in the markets will be positive. Dow Jones gained nearly 2.3 percent on Monday after optimistic home sales data was released.
Thakkar has suggested Buy call for FMCG major Britannia with a stop loss of Rs 3,484, target at Rs 3,600. Traders can initiate a Buy trade in L&T Finance with a stop loss of Rs 64.5, target at Rs 71, as per Thakkar. Thakkar has suggested Buy Call for Vodafone Idea with a stop loss of Rs 10.4, target at Rs 13.
Thakkar has suggested Sell Call for Torrent Pharma with a stop loss of Rs 2,455, target at Rs 2,350.
TopNews will review trading call performance by the end of the trading session. All traders should be conducted with strict stop loss as markets are highly volatile and Stop Loss manages to reduce the loss in case the trade doesn’t go as planned.