Mitessh Thakkar: BUY Godrej Consumer, Dalmia Bharat; SELL GNFC and Bandhan Bank

Mitessh Thakkar: BUY Godrej Consumer, Dalmia Bharat; SELL GNFC and Bandhan Bank

Market analyst Mitesh Thakkar has suggested two BUY Calls and two SELL Calls for short term investors and traders. Indian markets are expected to open flat today but markets could also see positive closing, depending on trend in the European and US futures. US markets is showing strength but investors are still concerned about issues with banking sector. Indian markets have been trading weak but we could expect strength in the coming trading sessions.

Thakkar has suggested BUY Call for Godrej Consumer at current price for target of Rs 998 with Stop Loss at Rs 948. The stock is looking strong on the charts and has gained ground in the last couple of weeks. Thakkar has suggested BUY Call for Dalmia Bharat at current price for target of Rs 1950 with Stop Loss at Rs 1850.

Thakkar has suggested SELL Call for Bandhan Bank at current levels with Stop Loss at Rs 205 with target price of Rs 195. Thakkar has suggested SELL Call for GNFC at current price without offering any target price.

All trades should be conducted with strict Stop Loss. Markets can have unpredicted moves based on news and trends in the global markets. Stop Loss is an important strategy to reduce the risk in case the stock doesn’t move as per the call given by market experts.

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