Mitesh Thakkar: BUY Maruti Suzuki, Godrej Consumer, Dr Lal Pathlabs and Muthoot Finance
Market analyst Mitesh Thakkar has suggested four BUY Calls and no SELL Calls for today’s trading session, suggesting a positive outlook for Indian markets today. NSE Nifty could open strong today and we can expect a fresh all-time high for Nifty. Markets have been trading firm over the last few sessions and we can expect momentum to continue. US markets were closed on Monday and European stocks closed lower on Monday.
Thakkar has suggested BUY Call for FMCG major Godrej Consumer with a stop loss of Rs 844, target at Rs 880. Among automobile stocks, Maruti Suzuki is on Thakkar’s radar for the session. Traders can initiate a BUY trade for Maruti with a stop loss of Rs 7,025, target at Rs 7,240, as per Thakkar.
Thakkar has suggested BUY Call for Dr Lal Pathlabs with a stop loss of Rs 2,920, target at Rs 3,050. Traders can initiate a BUY Trade for gold finance major Muthoot Finance with a stop loss of Rs 1,295, target at Rs 1,380, 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.