Mitessh Thakkar: BUY Dixon Technolgies, Glenmark, Birlasoft; SELL Bajaj Finserv
Market analyst Mitesh Thakkar has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open lower today and we can witness selling pressure as global markets turned negative on Tuesday. Nasdaq and Dow Jones closed lower while European markets were slightly negative. Asian markets were mixed this morning.
Thakkar has suggested BUY Call for Birlasoft for a target of Rs 500 with a stop loss at Rs 480. Traders can initiate a BUY Trade for Dixon Technologies for a target of Rs 4,820 with a stop loss at Rs 4,490, as per Thakkar.
Thakkar has suggested BUY Call for pharmaceutical counter Glenmark for a target of Rs 480 with a stop loss at Rs 461.
Thakkar has suggested SELL Call for financial services major Bajaj Finserv for a target of Rs 16,400 with a stop loss at Rs 17,000. The stock is looking weak on the charts.
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.