Mitesh Thakkar: BUY Reliance, Voltas; SELL Bajaj Finserv and Shriram Transport
Market analyst Mitesh Thakkar has suggested two BUY Calls and two SELL Calls for today’s trading session. Indian markets are expected to open strong and we can expect stock specific action.
Thakkar has suggested BUY Call for Reliance with a stop loss of Rs 2,140, target at Rs 2,200. Reliance has been in the news for the last few weeks. In the recent days, the company has sold stake in Reliance Retail and there are couple of more deals under consideration. Thakkar has also suggested a BUY Call for Voltas with a stop loss of Rs 644, target at Rs 666.
Thakkar has suggested a SELL Call for financial services major Bajaj Finserv with a stop loss of Rs 6,115, target at Rs 5,800.
Other stock on Thakkar’s selling list for the day is Shriram Transport. Traders can initiate a SELL trade for Shriram Transport Finance with a stop loss of Rs 660, target at Rs 615.
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.