Mitessh Thakkar: BUY JSW Steel, Hindalco, PVR; SELL Cipla
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 after US and European markets closed positive on Friday. Indian markets are showcasing bullish trends over the last couple of weeks. Market participants are positive about local markets but global cues have been negative over the last few trading sessions.
Thakkar has suggested BUY Call for metal counter Hindalco for a target of Rs 446 with a stop loss at Rs 423. Traders can initiate a BUY Trade for steel major JSW Steel for a target of Rs 732 with a stop loss at Rs 690, as per Thakkar.
Thakkar has suggested BUY Call for PVR with a target at Rs 1,900.
Traders can SELL pharmaceutical major Cipla for a target of Rs 1,110 with a stop loss at Rs 1,160.
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.