Mitessh Thakkar: BUY Larsen & Toubro, CONCOR, NTPC; SELL Glenmark
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 and we could see stock specific action in today’s trade. US markets closed mixed on Tuesday and the session was volatile. European markets closed flat on Tuesday.
Thakkar has suggested BUY Call for CONCOR for a target of Rs 695 with a stop loss at Rs 663. The stock is looking strong on the charts. Traders can initiate a BUY Trade for infrastructure major Larsen & Toubro for a target of Rs 1,705 with a stop loss at Rs 1,625.
Thakkar has suggested BUY Call for power PSU counter NTPC for a target of Rs 153 with a stop loss at Rs 145.
Thakkar has suggested SELL Call for pharmaceutical counter Glenmark for a target of Rs 366 with a stop loss at Rs 385.
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.