Mitessh Thakkar: BUY BPCL, Escorts Kubota, IEX; SELL Grasim
Market 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 we can expect selling at higher levels. Markets have been consolidating over the last few trading sessions with range-bound trades. US markets closed slightly negative on Monday after a volatile session.
Thakkar has suggested BUY Call for Escorts Kubota for a target of Rs 2,330 with a stop loss at Rs 2,130. The stock is looking strong on the charts. Thakkar has suggested BUY Call for Bharat Petroleum Corporation Ltd at current levels for at target of Rs 322 with a stop loss at Rs 305.
Traders can initiate a BUY Trade for Indian Energy Exchange for a target of Rs 154 with a stop loss at Rs 145, as per Thakkar.
Thakkar has suggested SELL Call for Grasim with for a target of Rs 1,630 with a stop loss at Rs 1,706.
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.