Mitesh Thakkar: BUY SRF, Divi’s Labs, Colgate; SELL Nestle
Market expert Mitesh Thakkar has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open strong today due to strong global cues. We witnessed selling in Indian markets yesterday and we can expect small pullback rally in today’s session. Due to F&O expiry, the trading session could be choppy and volatility will be high.
Thakkar has suggested Buy Call for FMCG major Colgate with a stop loss of Rs 2,374, target at Rs 2,524. Other stock on Thakkar’s list is pharmaceutical major Divi’s Labs. Divi’s Labs has been suggested as a BUY trade by Sudarshan Sukhani for today’s session. Traders can Buy Divi's Labs with a stop loss of Rs 2,395, target at Rs 2,480.
Sukhani has suggested traders to initiate a BUY Trade in SRF with a stop loss of Rs 3,889, target at Rs 4,060.
Sukhani has suggested SELL call for FMCG major Nestle India. Traders can initiate a Sell trade in Nestle with a stop loss of Rs 16,850, target at Rs 16,000.
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.