Mitessh Thakkar: BUY Tata Power, Exide, Indus Towers; SELL Apollo Tyres
Market analyst Mitesh Thakkar has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open positive as US and European markets closed positive on Tuesday. Indian markets will be waiting for RBI Monetary policy meeting and this could lead the direction for the markets today.
Thakkar has suggested BUY Call for battery manufacturer Exide for a target of Rs 154 with a stop loss at Rs 146. Traders can initiate a BUY Trade for Indus Tower for a target of Rs 218 with a stop loss at Rs 201, as per Thakkar.
Thakkar has suggested BUY Call for Tata Power for a target of Rs 243 with a stop loss of Rs 230. The stock is looking strong on the charts.
Thakkar has suggested SELL Call for Apollo Tyres for a target of Rs 202 with a stop loss of Rs 215.
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.