Mitesh Thakkar: BUY Canara Bank, Apollo Hospitals, Shriram Transport; SELL JSW Steel
Market analyst Mitesh Thakkar has suggested three BUY Calls and one SELL Call for today’s trading session. Markets are expected to open strong today and we can expect another lifetime high for indices. US markets closed mixed on Thursday but the momentum will likely continue in Indian markets. Asian markets are trading strong this morning and we can expect strong response in Indian markets.
Thakkar has suggested BUY Call for PSU banking major Canara Bank for a target price of Rs 175 with a stop loss at Rs 162.9. Canara Bank has been suggested as a BUY Call by market expert Shrikant Chouhan as well.
Traders can BUY Shriram Transport Finance Corp for a target of Rs 1,440 with a stop loss at Rs 1,389, as per Thakkar. Traders can initiate a BUY Trade for Apollo Hospitals for a target of Rs 5,000 with a stop loss at Rs 4,820, as per Thakkar.
Thakkar has suggested SELL Trade for JSW Steel below Rs 683 for a target of Rs 660 with a stop loss at Rs 692.
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.