Mitesh Thakkar: BUY Reliance, Power Finance, Marico and ZEE

Mitesh Thakkar: BUY Reliance, Power Finance, Marico and ZEE

Market analyst Mitesh Thakkar has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open flat today as the US markets closed negative on Friday. Global markets are taking a breather and the mood is slightly negative. We can expect selling pressure in Indian equities today.

FMCG counter Marico is on Thakkar’s radar for the session. Thakkar has suggested BUY Call for Marico for a target of Rs 600 with a stop loss at Rs 562. Traders can initiate a BUY Trade for Reliance for a target of Rs 2,475 with a stop loss at Rs 2,399. The stock is looking strong on the charts.

Thakkar has suggested BUY Call for Power Finance Corporation for a target price of Rs 145 with a stop loss at Rs 132.

Thakkar has suggested BUY Call for entertainment major ZEE for a target of Rs 192 with a stop loss at Rs 179.

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.

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