Mitesh Thakkar: BUY Sun Pharma, Mahindra & Mahindra and ABFRL; SELL Larsen & Toubro
Market analyst Mitesh Thakkar has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open flat today as global cues are mixed. We can expect a volatile session today as the F&O contracts will expire today. Asian markets were trading mixed this morning.
Thakkar has suggested BUY Call for Aditya Birla Fashion for a target of Rs 245 with a stop loss at Rs 226. Among pharmaceutical stocks, Sun Pharma is looking strong at the moment. Thakkar has suggested BUY Call for Sun Pharma around Rs 808 for a target of Rs 835 with a stop loss at Rs 794.
Thakkar has suggested SELL Trade for infrastructure major Larsen & Toubro for a target of Rs 1,685 with a stop loss at Rs 1,738.
Thakkar has suggested BUY Call for automobile major Mahindra & Mahindra for a target of Rs 840 with a stop loss at Rs 799.
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.