Mitessh Thakkar: BUY NTPC, Bosch, Zee; SELL Sun Pharma
Market analyst Mitesh Thakkar has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open flat today and we could witness a volatile session. However, markets are expected to remain range-bound. US markets closed negative on Tuesday and Asian stocks were trading mixed this morning.
Thakkar has suggested BUY Call for Bosch for a target of Rs 15,200 with a stop loss at Rs 14,400. Traders can initiate a BUY Trade for PSU energy major NTPC for a target of Rs 160 with a stop loss at Rs 152, as per Thakkar.
Thakkar has suggested BUY Call for Zee for a target of Rs 265 with a stop loss at Rs 246.
Thakkar has suggested SELL Trade for pharmaceutical major Sun Pharma for a target of Rs 830 with a stop loss at Rs 875. The stock is looking weak on the charts and a couple of negative stories about pharmaceutical stocks have led to negative sentiment about pharmaceutical sector.
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.