Mitesh Thakkar: BUY ITC, Glenmark, InterGlobe Aviation, Coal India
Market analyst Mitesh Thakkar has suggested four BUY Calls and no SELL Calls for today’s trading session, suggesting a bullish outlook for the markets. Indian markets have been trading firm this week and we witnessed a strong rally in blue-chip stocks yesterday. Markets are expected to show further strength in today’s session and we could see BSE Sensex touching a new high after COVID-19 panic selling in March 2020.
FMCG Major ITC is on Thakkar’s radar for the trading session. Traders can initiate a BUY Trade for ITC with a stop loss of Rs 172, target at Rs 182, as per Thakkar.
Thakkar has suggested BUY trade for PSU coal producer Coal India with a stop loss of Rs 117.5, target at Rs 125.
Thakkar has suggested BUY Call for pharmaceutical major Glenmark with a stop loss below Rs 499, target at Rs 533. Thakkar has suggested BUY Trade for aviation major InterGlobe Aviation with a stop loss of Rs 1,380, target at Rs 1,500.
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.