Mitesh Thakkar: BUY Colgate Palmolive, Bandhan Bank, Sun Pharma and Dabur
Market analyst Mitesh Thakkar has suggested four BUY Calls and no SELL Calls for today’s trading session, suggesting a bullish outlook for markets. Indian markets are expected to open strong today as Asian stocks have been trading firm. Indian markets can touch all-time high for BSE Sensex and NSE Nifty this week as bullish sentiment continues to help stocks.
Thakkar has suggested BUY Call for private sector bank Bandhan Bank with a stop loss of Rs 325, target at Rs 344. In FMCG sector, Thakkar is having Colgate Palmolive on his radar for the trading session. Traders can BUY Colgate Palmolive with a stop loss of Rs 1,497, target at Rs 1,540, as per Thakkar.
Thakkar has also suggested a BUY Trade for FMCG major Dabur India with a stop loss of Rs 522, target at Rs 555.
Pharmaceutical stocks have outperformed the markets in the recent months. Thakkar has suggested BUY Call for Sun Pharmaceuticals with a stop loss of Rs 501.5, target at Rs 525.
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.