Mitesh Thakkar: BUY Godrej Properties, MRF, Kotak Mahindra Bank and Pfizer
Market analyst Mitesh Thakkar has suggested four BUY Calls and no SELL Call for today’s trading session, indicating a positive outlook for Indian markets. Indian markets are expected to open positive today. US stocks closed positive on Thursday and the trend in global markets is still bullish. Indian markets have been hovering around their all-time highs and we can expect NSE Nifty to make a fresh all-time high in today’s trade.
Thakkar has suggested BUY Call for MRF for a target price of Rs 83,250 with a stop loss at Rs 80,250. Traders can initiate a BUY Trade for Godrej Properties for a target of Rs 1,655 with a stop loss below Rs 1,565, as per Thakkar.
Thakkar has suggested BUY Call for private banking major Kotak Mahindra Bank above Rs 1,791 for a target of Rs 1,830 with a stop loss at Rs 1,775.
Among pharmaceutical counters, Thakkar has suggested BUY Call for Pfizer. Traders can BUY Pfizer for a target of Rs 6,160 with a stop loss at Rs 5,885, 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.