Mitesh Thakkar: BUY Shree Cement, Apollo Tyres, Tech Mahindra; SELL Adani Ports
Market expert Mitesh Thakkar has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open slightly positive today as Asian markets are trading mixed this morning. US stocks closed flat while European indices remained mixed in yesterday’s trade. Indian markets are looking positive and NSE Nifty could cross 16,000 levels if the sentiment remains bullish.
Thakkar has suggested BUY Call for Apollo Tyres with a stop loss of Rs 234.5, target at Rs 256. Traders can BUY Shree Cement with a stop loss of Rs 28,000, target at Rs 29,400, as per Thakkar.
Technology stocks have been trading strong over the last few months and many companies are already near their all-time highs. Thakkar has suggested BUY Call for technology major Tech Mahindra with a stop loss of Rs 1,065, target at Rs 1,100.
Traders can SELL Adani Ports with a stop loss of Rs 708, target at Rs 678, 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.