Mitesh Thakkar: BUY RBL Bank, Muthoot Finance, Apollo Hospitals and Shriram Transport Finance
Market analyst Mitesh Thakkar has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open positive for today’s session. We witnessed NSE Nifty closing above 14,200 yesterday after witnessing a small intraday decline. Markets are still trading strong and there isn’t any sign of correction in any of the stocks that have witnessed strong rally over the last few weeks.
Thakkar has suggested Buy Trade for Apollo Hospitals with a stop loss of Rs 2,465, target at Rs 2,600.
Thakkar has suggested BUY Call for gold finance major Muthoot Finance with a stop loss of Rs 1,274, target at Rs 1,345. Private banking counter RBL Bank is also on Thakkar’s radar for the trading session. Traders can initiate a BUY Trade for RBL Bank with a stop loss of Rs 243, target at Rs 265, as per Thakkar.
Thakkar has suggested BUY Call for Shriram Transport Finance with a stop loss of Rs 1,094, target at Rs 1,155.
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.