Mitessh Thakkar: BUY Sun Pharma, IPCA Labs, ICICI Prudential and IndiaMart
Market analyst Mitesh Thakkar has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open positive today and we could witness volatility around RBI policy announcement. Markets are expecting 50 basis points rate hike from RBI. US markets closed slightly positive on Thursday after a volatile session.
Thakkar has suggested BUY Call for IPCA Laboratories for a target of Rs 1,065 with a stop loss at Rs 1,008. Traders can initiate a BUY Trade for pharmaceutical major Sun Pharma for a target of Rs 945 with a stop loss at Rs 904, as per Thakkar.
Thakkar has suggested BUY Call for ICICI Prudential for a target of Rs 585 with a stop loss at Rs 549. Thakkar has suggested BUY Trade for IndiaMART InterMESH for a target of Rs 4,600 with a stop loss at Rs 4,430.
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.