Mitesh Thakkar: BUY IDFC First Bank, ZEE, L&T; SELL Bata

Mitesh Thakkar: BUY IDFC First Bank, ZEE, L&T; SELL Bata

Market analyst Mitesh Thakkar has suggested three BUY calls and one SELL call for today’s trading session. Indian markets are expected to open slightly negative today and we could see selling pressure in select stocks. Markets have been trading strong for the last few trading sessions and many market participants are looking forward to a healthy correction. As majority of quarterly results have been announced, markets are looking forward to the next trigger.

Traders can Buy L&T with a stop loss of Rs 940, target at Rs 985, as per Thakkar. Thakkar has suggested BUY Call for IDFC First Bank with a stop loss of Rs 28.5, target at Rs 32. Traders can initiate a BUY trade in Zee with a stop loss of Rs 153.5, target at Rs 166, as per Thakkar.

Traders can Sell Bata India with a stop loss of Rs 1,250, target at Rs 1,190, 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.

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