Mitesh Thakkar: BUY ICICI Bank, Godrej Consumer, Kotak Mahindra Bank and Manappuram Finance
Market analyst Mitesh Thakkar has suggested four BUY Calls and no SELL Calls for today’s trade, suggesting a bullish outlook for Indian markets. Indian markets are expected to open positive on Monday and we could see NSE Nifty breaching some immediate resistance levels. We could also see a gap-up opening with NSE Nifty gaining nearly 100 points in early trade.
Thakkar has suggested BUY Call for Godrej Consumer with a stop loss of Rs 720, target at Rs 765. In private banking space, Thakkar has suggested BUY Call for ICICI Bank. Market expert Ashwani Gujral has also suggested BUY Call for ICICI Bank today. Traders can BUY ICICI Bank with a stop loss of Rs 366, target at Rs 385, as per Thakkar.
In private banking space, Thakkar has also suggested BUY Call for Kotak Mahindra Bank. Traders can BUY Kotak Mahindra Bank with a stop loss of Rs 1,294, target at Rs 1,350, as per Thakkar.
Thakkar and Ashwani Gujral have also suggested BUY Call for Manappuram Finance today. Traders can BUY Manappuram Finance with a stop loss of Rs 161, target at Rs 176, 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.