Mitessh Thakkar: BUY Cipla, Page Industries, Apollo Hospitals; SELL IOC
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 could see a volatile session. US markets closed negative on Tuesday and traders are looking forward to rate hikes by US Federal Reserve.
Thakkar has suggested BUY Call for pharmaceutical major Cipla for a target of Rs 1,140 with a stop loss at Rs 1,060. Thakkar has suggested BUY Call for Apollo Hospitals for a target of Rs 4,650 with a stop loss at Rs 4,500. The stock is looking strong on the charts.
Thakkar has suggested BUY Call for Page Industries for a target of Rs 51,250 with a stop loss at Rs 49,500.
Thakkar has suggested SELL Call for IOC for a target of Rs 65 with a stop loss at Rs 71.
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.