Mitessh Thakkar: BUY ICICI Bank, AB Capital, Exide Industries; SELL Bajaj Finance

Mitessh Thakkar: BUY ICICI Bank, AB Capital, Exide Industries; SELL Bajaj Finance

Market analyst Mitesh Thakkar has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open slightly positive today but the markets are lacking direction at this point. The bullish sentiment has taken NSE Nifty above its major resistance levels in the past few sessions but we could face selling this week. The market direction will also depend on the trends in global markets.

Thakkar has suggested BUY Call for private banking major ICICI Bank at current levels for a target of Rs 955 with a stop loss at Rs 909. Thakkar has suggested BUY Trade for Aditya Birla Capital at current price for a target of Rs 120 with a stop loss at Rs 111.

Traders can initiate a BUY Trade for Exide Industries for a target of Rs 166 with a stop loss at Rs 157.

Thakkar has suggested SELL Call for Bajaj Finance at current price for a target of Rs 7,080 with a stop loss at Rs 7,255.

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.

General: 
Analyst Views: 
Regions: