Mitessh Thakkar: BUY Strides Pharma, HAL; SELL Asian Paints and ITC
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 and we could see NSE Nifty trying to cross major resistance of 16,000 in today’s trading session. The global cues are neutral to positive and we could see recovery in the markets today. Also, there is a chance of selling at higher levels.
Thakkar has suggested BUY Call for Hindustan Aeronautics for a target of Rs 1,650 with a stop loss at Rs 1,576. Traders can initiate a BUY Call for Strides Pharma for a target of Rs 306 with a stop loss at Rs 289, as per Thakkar.
Thakkar has suggested SELL Call for FMCG major ITC for a target of Rs 244 with a stop loss at Rs 258. Traders can initiate a SELL Trade for Asian Paints if the stock breaks Rs 2,985 for a target of Rs 2,920 with a stop loss at Rs 3,015.
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.