Mitesh Thakkar: BUY Exide Industries, NTPC, TCS and PowderGrid
Market analyst Mitesh Thakkar has suggested four BUY Calls and no SELL Call for today’s trading session, indicating a bullish view about Indian markets. Global markets have sent mixed signals in yesterday’s trade and we can expect Indian markets to open flat today. Indian markets are hovering around their all-time highs for major indices and some market players are already expecting correction in some counters.
Thakkar has suggested BUY Call for technology major TCS with a stop loss of Rs 3,154, target at Rs 3,245. TCS is looking strong on the charts. Thakkar has suggested BUY Call for PowerGrid with a stop loss of Rs 232, target at Rs 246.
Thakkar has suggested BUY Call for energy PSU NTPC with a stop loss of Rs 113, target at Rs 124. Traders can initiate a BUY Trade for battery manufacturer Exide Industries with a stop loss of Rs 193.9, target at Rs 204, 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.