Mitessh Thakkar: BUY Aurobindo Pharma and Colgate; SELL Page Industries and Delta Corp

Mitessh Thakkar: BUY Aurobindo Pharma and Colgate; SELL Page Industries and Delta Corp

Market analyst Mitesh Thakkar has suggested two BUY Calls and two SELL Calls for short term investors and traders. Indian markets are expected to open flat today but we can expect markets to show strength during the trading session. US markets closed mixed with Nasdaq gaining and Dow Jones closing almost flat. Market sentiment seems better and we could see strength in the coming sessions.

Thakkar has suggested BUY Call for pharmaceutical major Aurobindo Pharma at current price for target of Rs 500 with Stop Loss at Rs 480. The stock is looking strong on technical charts. Thakkar has suggested BUY Call for Colgate at current price for target of Rs 1550 with Stop Loss at Rs 1505.

Thakkar has suggested SELL Call for Page Industries at current levels for target of Rs 37000 with Stop Loss above Rs 37800. Thakkar has suggested SELL Trade for Delta Corp at current price for target of Rs 180 with Stop Loss at Rs 193.

All trades should be conducted with strict Stop Loss. Markets can have unpredicted moves based on news and trends in the global markets. Stop Loss is an important strategy to reduce the risk in case the stock doesn’t move as per the call given by market experts.

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