Mitessh Thakkar: BUY Bharti Airtel, Ashok Leyland, Colgate and Strides Arcolab
Market analyst Mitesh Thakkar has suggested four BUY Calls and no SELL Call for today’s trading session, indicating a bullish outlook for markets today. We could see gap-up opening for Indian markets as US markets closed positive on Thursday. Indian markets witnessed a strong pullback rally yesterday and we could say that the bullish momentum could continue for today’s trade as well.
Thakkar has suggested BUY Call for automobile major Ashok Leyland for a target of Rs 144 with a stop loss at Rs 135. Traders can initiate a BUY Trade for telecom major Bharti Airtel for a target of Rs 711 with a stop loss at Rs 685, as per Thakkar.
Thakkar has suggested BUY Call of FMCG major Colgate for a target of Rs 1,655 with a stop loss at Rs 1,608. Traders can initiate a BUY Trade for Strides Arcolab for a target of Rs 339 with a stop loss at Rs 313, as per Thakkar.
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.