Mitessh Thakkar: BUY Union Bank, Tata Consumer, Exide Industries; SELL Dixon Technologies
Technical analyst Mitesh Thakkar has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open flat today and we can witness selling pressure in the markets today. Markets have remained range-bound this week with global trends largely negative. Indian markets will continue following the trends in the global markets while local sentiment is bullish.
Thakkar has suggested BUY Call for banking counter Union Bank at current levels for a target of Rs 75 with a stop loss at Rs 68. Thakkar has suggested BUY Call for Exide Industries at current price for a target of Rs 196 with a stop loss at Rs 183.
Thakkar has suggested BUY Trade for FMCG major Tata Consumer Products at current levels for a target of Rs 815 with a stop loss at Rs 774.
Thakkar has suggested SELL Call for Dixon Technologies at current price for a target of Rs 4,280 with a stop loss at Rs 4,440.
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.