Mitesh Thakkar: BUY Eicher Motors, Bharat Forge, Lupin and Vodafone India
Market analyst Mitesh Thakkar has suggested four BUY Calls and no SELL Calls for today’s trading, suggesting a bullish outlook for Indian markets today. The markets have been trading strong over the last few trading weeks and we have witnessed NSE Nifty crossing 14,000 levels with strong buying support. Markets are not facing resistance in the recent trading sessions and investors are bullish about blue-chip stocks.
Thakkar has suggested BUY Trade for Bharat Forge with a stop loss of Rs 530, target at Rs 559. Among automobile stocks, Thakkar has Eicher Motors on his radar. Traders can initiate a BUY Trade for Eicher Motors with a stop loss of Rs 2,520, target at Rs 2,590.
Thakkar has suggested BUY Call for pharmaceutical major Lupin with a stop loss of Rs 980, target at Rs 1,045.
Traders can BUY Vodafone Idea with a stop loss of Rs 10.6, target at Rs 12.5, 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.