Mitesh Thakkar: BUY Page Industries, Federal Bank, MGL and Sun Pharma
Market analyst Mitesh Thakkar has suggested four BUY Calls and no SELL Calls for today’s trading session. Indian markets are expected to open strong on Monday. Many stocks have touched 52-week and have witnessed sustained buying in the recent weeks. After the sell-off in March 2020 due to COVID-19 pandemic, markets have recovered smartly and investors are confident about many of the well-performing companies that have declared better-than-expected results.
Traders can BUY Federal bank with a stop below Rs 54.9, target at Rs 59, as per Thakkar. For today’s trade, Thakkar has also suggested BUY Call for MGL with a stop loss of Rs 1,028, target at Rs 1,075.
Jockey’s Indian partner Page Industries is also on Thakkar’s radar for the trading session. Traders can BUY Page Industries with a stop loss of Rs 19,800, target at Rs 21,400.
Thakkar has suggested BUY Call for Sun Pharma with a stop loss of Rs 526, target at Rs 545.
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.