Mitessh Thakkar: BUY Amara Raja Batteries, Divis, Atul Limited and Birlasoft
Market analyst Mitesh Thakkar has suggested four BUY Calls and no SELL Call for today’s trading session, indicating a bullish outlook for markets. Indian markets are currently hovering around multiple-week highs and the sentiment is positive. NSE Nifty is above its major resistance levels and sentiment in global markets is positive. US and European stocks registered smart gains on Monday and we can expect Indian markets to open positive today.
Thakkar has suggested BUY Call for Birlasoft for a target of Rs 355 with a stop loss at Rs 330. Traders can initiate a BUY Trade for Atul Limited for a target of Rs 10,200 with a stop loss at Rs 9,400, as per Thakkar.
Thakkar has suggested BUY Call for Amara Raja Batteries for a target of Rs 572 with a stop loss at Rs 535. Thakkar has suggested BUY Call for pharmaceutical counter Divis Labs as the stock is looking strong on the charts. Thakkar has suggested BUY Call for Divi’s Laboratories at current price for a target of Rs 3,750 with a stop loss at Rs 3,645.
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.