Mitessh Thakkar: BUY Adani Ports, TVS Motors; SELL IPCA Labs
Market analyst Mitesh Thakkar has suggested two BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open lower today but we can also witness buying at lower levels. US and European markets declined on Tuesday and this might have a negative impact on the Indian markets today.
Thakkar has suggested BUY Call for Adani Ports at current levels for target price of Rs 935 with Stop Loss at Rs 895. Thakkar has suggested BUY Call for TVS Motors at current levels for target price of Rs 696 with Stop Loss at Rs 668. The stock is looking strong on the charts.
Thakkar has suggested SELL Trade for IPCA Labs at current levels for target price of Rs 960 with Stop Loss at Rs 1010.
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.