Mitesh Thakkar: BUY ICICI Prudential, Reliance, Nestle and Sun Pharma
Market analyst Mitesh Thakkar has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets have been trading strong over the last few trading sessions and we can expect markets to open positive today. Many stocks are trading around their all-time highs and market mood is still bullish. Many market analysts are also expecting a good correction as the rally has been unidirectional during the last few months.
Thakkar has suggested BUY Trade for pharmaceutical major Sun Pharma with a stop loss of Rs 636, target at Rs 660 –
Traders can initiate a BUY Trade for Reliance Industries. The stock has been suggested as BUY trade by Rahul Mohindar as well. Traders can BUY Reliance Industries with a stop loss of Rs 2,036, target at Rs 2,100, as per Thakkar.
Thakkar has suggested BUY Trade for ICICI Prudential with a stop loss of Rs 484, target at Rs 505.
Among FMCG stocks, Nestle is looking strong on the charts. Traders can BUY Nestle with a stop loss of Rs 17,250, target at Rs 18,000, 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.