Mitesh Thakkar: BUY ICICI Bank, Aurobindo Pharma, Axis Bank and BEL
Market analyst Mitesh Thakkar has suggested four BUY Calls and no SELL Calls for today’s trading session. Indian markets registered smart gains in yesterday’s session and we can expect momentum to continue for today as well. Indian markets are expected to open positive but we can expect selling pressure at higher levels. Markets have been trading firm for the last few sessions and market sentiment is slightly positive today. US markets closed positive and Asian markets have been trading positive this morning.
Thakkar has suggested BUY Calls for two private banking majors ICICI Bank and Axis Bank. Traders can BUY Axis Bank with a stop loss of Rs 705, target at Rs 740. Thakkar has suggested a BUY Trade for ICICI Bank with a stop loss of Rs 594, target at Rs 622.
Thakkar has suggested BUY Call for BEL with a stop loss of Rs 135, target at Rs 145.
Traders can initiate a BUY Trade for pharmaceutical major Aurobindo Pharma with a stop loss of Rs 997, target at Rs 1,065, 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.