Mitessh Thakkar: BUY IndusInd Bank, Bank of Baroda, Britannia; SELL Navin Fluorine
Market analyst Mitesh Thakkar has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open strong today but we can also expect selling pressure at higher levels. US markets closed positive on Tuesday.
Thakkar has suggested BUY Call for PSU banking counter Bank of Baroda for a target of Rs 172 with a stop loss at Rs 165. Thakkar has suggested BUY Call for private banking major IndusInd Bank for a target of Rs 1,200 with a stop loss at Rs 1,155.
Traders can initiate a BUY Trade for FMCG major Britannia with for a target of Rs 4,260 with a stop loss at Rs 4,100. The stock is looking strong on the charts.
Thakkar has suggested SELL Call for Navin Fluorine for a target of Rs 4,200 with a stop loss at Rs 4,310.
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.