Mitessh Thakkar: BUY Can Fin Homes, Apollo Hospitals, Nestle; SELL Tata Steel
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 and we can witness selling pressure during the trading session. Markets have been trading firm over the last few weeks and we have witnessed pressure on some counters that have witnessed strong rally in the recent times.
Thakkar has suggested BUY Call for Apollo Hospitals at current price for target price of Rs 5200 and Stop Loss at Rs 5040. Thakkar has suggested BUY Trade for Canfin Homes at current levels for target price of Rs 690 and Stop Loss at Rs 659.
Traders can initiate a BUY Trade for FMCG major Nestle with target price of Rs 20,000 and Stop Loss at Rs 19,200.
Thakkar has suggested SELL Trade for Tata Steel with target price of Rs 1215 and Stop Loss at Rs 1261.
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.