Mitessh Thakkar: BUY Siemens, Syngene; SELL Polycab and Indraprastha Gas

Mitessh Thakkar: BUY Siemens, Syngene; SELL Polycab and Indraprastha Gas

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 but we can witness a volatile session. US markets closed slightly lower on Tuesday after a volatile session. Markets are waiting for US Federal Reserve meeting. Indian markets would largely track the trends in global markets.

Thakkar has suggested BUY Call for Syngene for a target of Rs 560 with a stop loss at Rs 539. Traders can initiate a BUY Trade for engineering major Siemens for a target of Rs 2,450 with a stop loss at Rs 2,374, as per Thakkar. The stock is looking strong on the charts.

Thakkar has suggested SELL Call for Polycab for a target of Rs 2,040 with a stop loss at Rs 2,201. The stock is looking weak on the charts. Traders can initiate a SELL Trade for IGL for a target of Rs 330 with a stop loss at Rs 351, 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.

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