Mitesh Thakkar: BUY Lupin, ICICI Bank, Bajaj Finance and GCPL
Market analyst Mitesh Thakkar has suggested four BUY Calls and no SELL Calls for today’s trading session, suggesting a bullish outlook for Indian markets. NSE Nifty could trade above its immediate resistance at 15050 in today’s trading session. Market experts believe that Nifty could see strong positive moves in today’s trading session. Dow Jones closed marginally lower on Monday but recovery was witnessed during the afternoon trade.
Thakkar has suggested BUY Trade for financial services major Bajaj Finance with a stop loss of Rs 5,370, target at Rs 5,600. Traders can initiate BUY Trade for GCPL with a stop loss of Rs 824, target at Rs 875, as per Thakkar.
Thakkar has suggested BUY Call for private banking major ICICI Bank with a stop loss of Rs 615, target at Rs 644.
Among pharmaceutical companies, Lupin is looking positive at the current levels. Thakkar has suggested BUY Call for Lupin with a stop loss of Rs 1,169, target at Rs 1,235.
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.