Mitesh Thakkar: BUY Cadila HealthCare, Marico, Bharat Forge and Piramal Enterprises
Market analyst Mitesh Thakkar has suggested four BUY Calls and no SELL Call for today’s trading session, suggesting a bullish outlook for Indian markets. Indian stocks have been trading near their all-time highs for NSE Nifty and BSE Sensex. Indian markets are expected to open strong in today’s session.
Thakkar has suggested a BUY trade for Bharat Forge with a stop loss of Rs 527, target at Rs 565. Traders can initiate a BUY Trade for Piramal Enterprises with a stop loss of Rs 1,468, target at Rs 1,545, as per Thakkar.
Pharmaceutical stocks have been among analysts’ favourite in the recent weeks. Thakkar has suggested BUY Trade for Cadila Healthcare with a stop loss of Rs 455, target at Rs 477.
Thakkar has suggested BUY Call for FMCG major Marico. Traders can BUY Marico with a stop loss of Rs 380, target at Rs 410, 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.