Mitessh Thakkar: BUY NMDC, BEL; SELL Lupin, Divi’s
Market analyst Mitesh Thakkar has suggested two BUY Calls and two SELL Calls for today’s trading session. Indian markets are expected to open positive today as US markets closed positive and European stocks also recovered on Monday. We can expect NSE Nifty to see a gap-up opening in today’s session and many blue-chip stocks to recover. Asian stocks were trading positive this morning.
Thakkar has suggested BUY Call for BEL for a target of Rs 215 with a stop loss at Rs 204. Traders can BUY NMDC for a target of Rs 149 with a stop loss at Rs 140, as per Thakkar.
Thakkar has suggested SELL Call for pharmaceutical major Lupin for a target of Rs 830-825 with a stop loss at Rs 872. Traders can initiate a SELL Trade for Divi’s Laboratories for a target of Rs 4,520 with a stop loss at Rs 4,691, 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.