Mitesh Thakkar: BUY Siemens, SRF and Hindalco; SELL IGL
Market analyst Mitesh Thakkar has suggested three BUY Calls for today’s trade and one SELL call, suggesting bullish outlook for Indian markets. Markets have been trading at their four month highs and much better compared to selling witnessed during March 2020.
Traders can Buy metals counter Hindalco with a stop loss of Rs 149, target at Rs 160 as per Thakkar., target at Rs 427. In engineering sector, Thakkar has suggested BUY Call for Siemens India. Traders can Buy Siemens with a stop loss of Rs 1,147, target at Rs 1,195.
Thakkar has also suggested BUY Call for SRF today. The stock has witnessed renewed buying interest in the recent trading sessions. Traders can initiate a Buy trade in SRF with a stop loss of Rs 3,789, target at Rs 4,000.
Other stock on Thakkar’s radar for the day is IGL. Traders can Sell IGL with a stop loss of Rs 448 as per Thakkar.
Traders should keep strict stop loss for all the trades. TopNews will review performance of trading calls by the end of the trading session.