Mitessh Thakkar: BUY Oracle Financial, SUN TV; SELL Bharti Airtel and Can Fin Homes

Mitessh Thakkar: BUY Oracle Financial, SUN TV; SELL Bharti Airtel and Can Fin Homes

Market analyst Mitesh Thakkar has suggested two BUY Calls and two SELL Calls for today’s trading session. Indian markets are expected to open flat today and we could see selling at higher levels. US Federal Reserve announced 75 basis points interest rate hike in its latest policy meeting. The US markets declined after Federal Reserve said that there would be more rate hikes till the time inflation is under 2 percent target. Indian markets are showcasing positive sentiments but market direction will also depend on international market sentiment.

Thakkar has suggested BUY Call for broadcasting counter Sun TV for a target of Rs 570 with a stop loss at Rs 532. Thakkar has suggested BUY Call for Oracle Financial Services for a target of Rs 3,030 with a stop loss at Rs 2,950.

Thakkar has suggested SELL Call for telecom major Bharti Airtel for a target of Rs 790 with a stop loss at Rs 819. Thakkar has suggested SELL Call for Can Fin Homes for a target of Rs 490 with a stop loss at Rs 516.

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.

General: 
Analyst Views: 
Regions: