Mitesh Thakkar: BUY Mindtree, Motherson Sumi, UBL; SELL Amara Raja
Market analyst Mitesh Thakkar has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets have been trading strong over the last few weeks and the markets ended 2020 on a positive note. Indian markets touched their all-time high in 2020 and we can expect momentum in today’s trade as well.
Thakkar has suggested BUY Trade for Motherson Sumi Systems around Rs 163-163.5 with a stop loss below Rs 160, target at Rs 172. Thakkar has also suggested BUY Trade for UBL with a stop loss of Rs 1,165, target at Rs 1,225.
Thakkar has suggested BUY trade for Mindtree with a stop loss of Rs 1,630, target at Rs 1,720.
Traders can initiate a SELL Trade for Amara Raja Batteries with a stop loss of Rs 934, target at Rs 900, 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.