Mitessh Thakkar: BUY Mindtree, FSL, CONCOR; SELL PVR
Market analyst Mitesh Thakkar has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open positive and we can see further strength in NSE Nifty above 18,000 levels. On the lower side, markets do have a few support points and traders can keep strict stop loss in case the market reverses direction. Global cues over the weekend were mildly positive.
Thakkar has suggested BUY Call for Mindtree for a target of Rs 3,400 with a stop loss at Rs 3,250. The stock is looking strong on the charts. Thakkar has suggested BUY Call for FSL for a target of Rs 124 with a stop loss at Rs 113.
Traders can BUY Container Corporation for a target of Rs 795 with a stop loss at Rs 730, as per Thakkar.
Thakkar has suggested SELL Call for multiplex operator PVR for a target of Rs 1,770 with a stop loss at Rs 1,860.
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.