Mitesh Thakkar: BUY Shriram Transport, ICICI Bank; SELL Page Industries and Escorts
Market analyst Mitesh Thakkar has suggested two BUY Calls and two SELL Calls for today’s trading session. Indian markets have witnessed a quick correction during the last few trading sessions. Today, we can expect markets to witness a bounce back as the decline has been sharp. However, market players are still cautious.
Thakkar has suggested BUY Call for private banking major ICICI Bank with a stop loss of Rs 529, target at Rs 550. Traders can BUY Shriram Transport with a stop loss of Rs 1,250, target at Rs 1,345, as per Thakkar.
Thakkar has suggested SELL Trade for automobile major Escorts with a stop loss of Rs 1,226, target at Rs 1.160. Traders can SELL Page Industries with a stop loss of Rs 27,550, target at Rs 26,100, 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.