Mitessh Thakkar: BUY Dalmia Bharat, Bata India, Cipla and FirstSource

Mitessh Thakkar: BUY Dalmia Bharat, Bata India, Cipla and First Source

Market analyst Mitesh Thakkar has suggested four BUY Calls and no SELL Call for today’s trade, indicating a bullish outlook for the markets. Indian markets are expected to open strong today and we might see NSE Nifty crossing major resistance levels in today’s trade. US markets closed strong on Wednesday and we could see positive sentiment in the global markets in case the strength in US markets continues for a few more sessions. Indian markets are surely looking forward to a strong closing today.

Thakkar has suggested BUY Call for Bata India for a target of Rs 1,980 with a stop loss at Rs 1,903. Traders can initiate a BUY Trade for Dalmia Bharat for a target of Rs 1,655 with a stop loss at Rs 1,580, as per Thakkar. The stock is looking strong on the charts.

Thakkar has suggested BUY Call for pharmaceutical major Cipla for a target of Rs 1,080 with a stop loss at Rs 1,039. Traders can initiate a BUY Trade for First Source for a target of Rs 121 with a stop loss at Rs 111, 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.

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