Mitessh Thakkar: BUY Reliance Industries, Havells India, Britannia; SELL Gujarat Gas

Mitessh Thakkar: BUY Reliance Industries, Havells India, Britannia; SELL Gujarat Gas

Market analyst Mitesh Thakkar has suggested three BUY Calls and one SELL Call for short term investors and traders. Indian markets are expected to open flat today but the trends are looking positive. Indian markets can also witness stock specific action as many companies will be declaring quarterly numbers this week. US markets could see a strong performance today as global technology giants Google and Microsoft declared better than expected quarterly results. Indian markets could see positive closing today.

Thakkar has suggested BUY Call for Reliance Industries at current levels for target of Rs 2420 – 2440 with Stop Loss at Rs 2370. The stock is looking strong on the charts. Thakkar has suggested BUY trade for Havells India at current price for target of Rs 1250 with Stop Loss at Rs 1199.

Thakkar has suggested BUY Call for Britannia Industries at current price for target of Rs 4500 with Stop Loss at Rs 4340.

Thakkar has suggested SELL Call for Gujarat Gas at current levels for target of Rs 444 with Stop Loss at Rs 465.

All trades should be conducted with strict Stop Loss. Markets can have unpredicted moves based on news and trends in the global markets. Stop Loss is an important strategy to reduce the risk in case the stock doesn’t move as per the call given by market experts.

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