Mitesh Thakkar: BUY Reliance, Jubilant FoodWorks, Hindustan Unilever; SELL ACC
Market analyst Mitesh Thakkar has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open lower today and we could see selling in select counters in today’s trading session. Dow Jones closed slightly negative on Wednesday and Asian stocks were trading lower this morning. We can expect Indian markets to close negative today, after many sessions of impressive gains.
Thakkar has suggested BUY Call for Reliance Industries with a stop loss of Rs 2,015, target at Rs 2,090.
Thakkar has suggested BUY Trade for FMCG major Hindustan Unilever with a stop loss of Rs 2,245, target at Rs 2,330. Traders can initiate a BUY Trade for Jubilant Foodworks with a stop loss of Rs 2,541, target at Rs 2,470, as per Thakkar.
Cement major ACC is on Thakkar’s radar for the trading session. Traders can Sell ACC with a stop loss of Rs 1,676, target at Rs 1,615, 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.