Mitesh Thakkar: BUY Cipla, Aurobindo Pharma, Cholamandalam; SELL Gujarat Gas
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 as US markets closed positive on Thursday. Asian stocks have been trading positive this morning and global sentiment has turned positive. NSE Nifty could cross 15,000 levels during the trading session and a close above 15,000 could suggest further strength in the markets.
Thakkar has two BUY Calls for pharmaceutical sector. Thakkar has suggested BUY Trade for pharmaceutical major Cipla with a stop loss of Rs 912, target at Rs 950. Traders can initiate a BUY Trade for Aurobindo Pharma with a stop loss of Rs 1,010, target at Rs 1,055, as per Thakkar.
Thakkar has suggested BUY Call for financial services major Cholamandalam with a stop loss of Rs 562, target at Rs 587.
Thakkar has suggested SELL Trade for Gujarat Gas with a stop loss of Rs 518, target at Rs 492.
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.