Mitessh Thakkar: BUY TVS Motor Company; SELL Manappuram Finance

Mitessh Thakkar: BUY TVS Motor Company; SELL Manappuram Finance

Market expert Mitesh Thakkar has suggested one BUY Call and one SELL Call for today's trading session. Indian markets were trading nearly 0.75 percent lower in today’s session. The decline in markets has been led by L&T and Reliance Industries. We can expect a recovery during the afternoon session.

Thakkar has suggested BUY Call for automobile major TVS Motor at current price for a target of Rs 2,200 with a stop loss of Rs 2,080. The stock is looking strong on the charts and can offer quick returns to traders.

Thakkar has suggested SELL Call for gold finance major Manappuram Finance at current levels for a target of Rs 160 with a stop loss of Rs 175. The stock could decline further as there is weakness on the charts.

All trades should be conducted with strict Stop Loss. Markets can have unpredicted moves based on news and trends in the global markets. Stop Loss is an important strategy to reduce the risk in case the stock doesn’t move as per the call given by market experts.

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