Mitesh Thakkar: BUY Dabur, Cadila Healthcare, Tata Chemicals; SELL Indraprastha Gas
Market analyst Mitesh Thakkar has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are trading strong after last week’s positive momentum helped markets cross major resistance levels. The market sentiment has turned positive and with strength in the global markets, Indian stocks can continue with the gaining streak for today’s session as well.
Thakkar has suggested BUY Call for Cadila Health with a stop loss of Rs 408, target at Rs 428. Other stock on Thakkar’s list for the day is FMCG major Dabur. Traders can BUY Dabur with a stop loss of Rs 509, target at Rs 545, as per Thakkar.
Thakkar has suggested BUY Call for Tata Chemicals with a stop loss of Rs 302, target at Rs 323.
For today’s trade, Thakkar has only one SELL Call, for IGL. Traders can initiate a SELL Trade for IGL with a stop loss of Rs 391, target at Rs 371, 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.