Mitessh Thakkar: BUY Bank of Baroda and SUN TV
Market expert Mitessh Thakkar has suggested two BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open positive as yesterday’s session closed positive after markets remain low for most of the trading session. Indian markets are close to all-time highs and sentiment in the markets is positive.
Thakkar has suggested BUY Call for PSU banking counter Bank of Baroda at current price for target of Rs 205 with Stop Loss at Rs 192. The stock is looking strong on the charts. Banking stocks are in uptrend and we can witness strong moves in certain banks.
Thakkar has suggested BUY Call for South India based broadcasting major SUN TV. Traders can BUY SUN TV at current levels for target price of Rs 465 with Stop Loss at Rs 445.
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.