Mitesh Thakkar: BUY ICICI Bank, Siemens, Britannia and Coal India
Market analyst Mitesh Thakkar has suggested four BUY Calls and no SELL Calls for today’s trade, indicating a bullish outlook for Indian markets. Indian markets registered a major upside movement in the extended trading hours during yesterday’s session. The bullish trend is expected to continue today as well and we can expect markets to open positive today.
Thakkar has suggested BUY Trade for engineering major Siemens with a stop loss of Rs 1,879, target at Rs 1,955. Traders can BUY Coal India with a stop loss of Rs 140, target at Rs 151, as per Thakkar.
Private banking major ICICI Bank is on Thakkar’s radar for the session. Traders can BUY ICICI Bank with a stop loss of Rs 626, target at Rs 671, as per Thakkar.
Thakkar has suggested BUY Trade for FMCG major Britannia with a stop loss of Rs 3,380, target at Rs 3,475.
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.