Mitesh Thakkar: BUY Jubilant FoodWorks, Apollo Tyres, Tata Consumer; SELL Bharti Airtel
Market analyst Mitesh Thakkar has suggested three BUY Calls and one SELL call for today’s trading session. Indian markets are expected to open strong and we could see stock specific action. Markets are cautious but bullish sentiment has been witnessed among select stocks. US markets closed positive on Tuesday and can expect European markets to trade strong today.
Thakkar has suggested Buy Call for Apollo Tyres with a stop loss of Rs 112, target at Rs 122. Traders can initiate a BUY trade for Jubilant Foodworks with a stop loss of Rs 1,780, target at Rs 1,870.
Thakkar has suggested BUY Call for Tata Consumer with a stop loss of Rs 440, target at Rs 470. The stock is looking strong on technical charts and we can see further momentum in this counter.
Traders can sell telecom operator Bharti Airtel with a stop loss of Rs 557, target at Rs 534, 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.