Mitesh Thakkar: BUY Coal India, Aurobindo Pharma and NTPC; SELL Marico
Market analyst Mitesh Thakkar has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open low and we can expect markets trading down for rest of the trading session. Asian stocks have been trading low and US markets closed negative. As global markets showcase a negative trend, Indian markets are expected to remain low today.
Thakkar has suggested BUY Call for Aurobindo Pharma with a stop loss of Rs 876, target at Rs 835. Traders can BUY Coal India with a stop loss of Rs 146, target at Rs 165, as per Thakkar.
Thakkar has suggested BUY Call for NTPC with a stop loss of Rs 103.5, target at Rs 112.
Traders can initiate a SELL Trade for FMCG major Marico with a stop loss of Rs 415, target at Rs 393, 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.