Mitessh Thakkar: BUY TCS, Chambal Fertilizers; SELL ACC and Dabur
Market analyst Mitesh Thakkar has suggested two BUY Calls and two SELL Calls for today’s trading session. Indian markets are expected to open flat and we can witness selling pressure during the session. Global markets have turned cautious over the last few trading sessions and US markets have witnessed a fall in the last two sessions. Asian markets were trading mixed this morning. Indian markets recovered the losses during the last two trading sessions but we can expect a selling today.
Thakkar has suggested BUY Call for technology major TCS at current price for target of Rs 3,620 with Stop Loss at Rs 3,544. Thakkar has suggested BUY Trade for Chambal Fertilisers at current levels for target price of Rs 410 with Stop Loss at Rs 390.
Thakkar has suggested SELL Call for FMCG counter Dabur for target price of Rs 560 with Stop Loss at Rs 582.
Thakkar has suggested SELL Trade for cement major ACC for target price of Rs 2,200 with Stop Loss at Rs 2,275.
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.