Mitessh Thakkar: BUY ICICI Lombard, Jubilant FoodWorks; SELL Godrej Properties and Adani Ports

Mitessh Thakkar: BUY ICICI Lombard, Jubilant FoodWorks; SELL Godrej Properties and Adani Ports

Technical analyst Mitesh Thakkar has suggested two BUY Calls and two SELL Calls for today’s trading session. Indian markets are expected to open lower today as selling is expected across the board. We could see some recovery during afternoon session but global negative sentiment will have an impact on the markets. US markets declined on Thursday and Nasdaq is hovering around its 52-week lows. Indian markets have witnessed decline over the last few trading sessions.

Thakkar has suggested BUY Call for Jubilant Foodworks at current price for a target of Rs 555 with a stop loss at Rs 527. Thakkar has suggested BUY Call for ICICI Lombard at current levels for a target of Rs 1,285 with a stop loss at Rs 1,230.

Thakkar has suggested SELL Call for Adani Ports for a target of Rs 830 with a stop loss at Rs 870. Traders can SELL Godrej Properties for a target of Rs 1,200 with a stop loss at Rs 1,240, as per Thakkar.

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.

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