Mitessh Thakkar: BUY Exide, Jubilant FoodWorks, Bharat Electronics; SELL Delta Corp
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 but we can witness volatile session. Markets are still looking for global cues and they are mixed. European markets declined on Thursday as US stocks have been trading lower for the last couple of sessions. Indian companies are declaring quarterly numbers as per market expectations and we could see markets gaining ground once the global sentiment improves.
Thakkar has suggested BUY Call for battery maker Exide at current levels for a target of Rs 200 with a stop loss at Rs 185. Thakkar has suggested BUY Call for Bharat Electronics Limited (BEL) at current price for a target of Rs 107 with a stop loss at Rs 101.
Thakkar has suggested BUY Trade for Jubilant FoodWorks at current levels for a target of Rs 522 with a stop loss at Rs 505.
Thakkar has suggested SELL Call for Delta Corp at current price for a target of Rs 190 with a stop loss at Rs 204.
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.