Mitessh Thakkar: BUY Delta Corp, Adani Ports, Glenmark; SELL Firstsource Solutions
Market analyst Mitesh Thakkar has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open strong today after yesterday’s afternoon selloff. US markets closed strong after US Federal Reserve raised the rates by 50 basis points. Indian markets could see a strong performance for today’s trade.
Thakkar has suggested BUY Call for Adani Ports for a target of Rs 833 with a stop loss at Rs 804. Traders can initiate a BUY Trade for Delta Corp for a target of Rs 270 with a stop loss at Rs 254, as per Thakkar.
Thakkar has suggested BUY Call for pharmaceutical counter Glenmark for a target of Rs 408 with a stop loss at Rs 434.
Thakkar has suggested SELL Call for Firstsource Solutions for a target of Rs 111 with a stop loss at Rs 124.
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.