Mitessh Thakkar: BUY Amara Raja, Metropolis, Berger Paints; SELL Intellect Design Arena
Market analyst Mitesh Thakkar has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open positive but we could witness selling pressure at higher levels. Indian markets witnessed a strong performance last week and NSE Nifty is looking bullish at current levels. If the news flow remains positive on global front, we could see markets gaining further ground during this week.
Thakkar has suggested BUY Call for Berger Paints for a target of Rs 645 with a stop loss at Rs 614. Traders can initiate a BUY Trade for Amara Raja Batteries for a target of Rs 508 with a stop loss at Rs 485, as per Thakkar.
Thakkar has suggested BUY Call for Metropolis for a target of Rs 1,625 with a stop loss at Rs 1,550. The stock is looking strong on the charts.
Thakkar has suggested SELL Trade for Intellect Design Arena for a target of Rs 610 with a stop loss at Rs 641.
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.