Mitessh Thakkar: BUY Astral, Bharat Forge, Ramco Cements; SELL Sun Pharma
Technical 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 and traders can witness a volatile trading session. Indian markets are currently trading in a small range and 18675 is proving to be a major resistance for bulls. US markets closed positive on Thursday and this could offer support to local markets.
Thakkar has suggested BUY Call for Bharat Forge at current levels for a target of Rs 900 with a stop loss at Rs 859. Thakkar has suggested BUY Trade for Astral at current price for a target of Rs 2,115 with a stop loss at Rs 2,040.
Thakkar has suggested BUY Call for Ramco Cements for a target at Rs 750 with a stop loss at Rs 720. The stock is looking strong on the charts.
Thakkar has suggested SELL Call for pharmaceutical major Sun Pharma for a target of Rs 955 with a stop loss at Rs 1,005.
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.