Mitessh Thakkar: BUY ICICI Bank, ABB, IDFC First Bank and Dabur
Market analyst Mitesh Thakkar has suggested four BUY Calls and no SELL Call for today’s trading session, indicating a positive outlook for markets. Indian markets are expected to open positive today and we could see sustained buying in certain counters. If NSE Nifty trades strong above 15900, we could see it moving towards next major resistance at 16300. Global markets are positive and we could see further strength in Indian markets today.
Thakkar has suggested BUY Call for ABB India for a target of Rs 2,430 with a stop loss at Rs 2,329. Traders can initiate a BUY Call for private banking counter ICICI Bank for a target of Rs 740 with a stop loss at Rs 709.
Thakkar has suggested BUY Call for IDFC First Bank for a target of Rs 37 with a stop loss at Rs 32. Thakkar has suggested BUY Call for FMCG major Dabur India for a target of Rs 545 with a stop loss at Rs 515.
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.