Mitesh Thakkar: BUY Reliance, PVR, Bharat Forge; SELL Jindal Steel
Market analyst Mitesh Thakkar has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open positive today after facing two days of declines. We can expect NSE Nifty to get support from lower levels and bounce back for today’s trade.
Thakkar has suggested BUY Trade for Bharat Forge with a stop loss of Rs 579, target at Rs 610. Traders can initiate a BUY Trade for PVR with a stop loss of Rs 1,475, target at Rs 1,565.
Thakkar has suggested BUY Call for Reliance Industries. The stock has been suggested as a BUY Trade by Sudarshan Sukhani as well. Traders can BUY Reliance Industries with a stop loss of Rs 1,980, target at Rs 2,080, as per Thakkar.
Thakkar has suggested SELL Trade for Jindal Steel & Power with a stop loss of Rs 292, target at Rs 271.
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.