Mitesh Thakkar: BUY Reliance, Biocon, Tata Power; SELL Kotak Mahindra Bank
Market analyst Mitesh Thakkar has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open strong today as global cues are positive. Traders can expect NSE Nifty to touch all-time high in today’s trading session.
Thakkar has suggested BUY Call for Reliance Industries with a stop loss of Rs 2,220, target at Rs 2,300. Traders can initiate a BUY Trade for pharmaceutical counter Biocon with a stop loss of Rs 405, target at Rs 425, as per Thakkar.
Thakkar has suggested BUY Call for private sector power major Tata Power with a stop loss of Rs 120, target at Rs 130. Tata Power is looking strong on the charts.
Thakkar has suggested SELL Trade for private banking major Kotak Mahindra Bank with a stop loss of Rs 1,791, target at Rs 1,735.
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.