Mitessh Thakkar: BUY United Spirits, Indraprastha Gas, Apollo Hospitals; SELL Polycab
Market 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 could see markets facing resistance at higher levels. Global cues were muted yesterday and after last week’s rally, markets are trading sideways this week. Indian markets could end lower today but market direction will mainly depend on global cues.
Thakkar has suggested BUY Call for Indraprastha Gas Limited at current levels for a target of Rs 450 with a stop loss at Rs 425. Traders can initiate a BUY Trade for Buy United Spirits for a target of Rs 940 with a stop loss at Rs 890, as per Thakkar.
Thakkar has suggested BUY Call for Apollo Hospitals for a target of Rs 4,725 with a stop loss at Rs 4,550.
Traders can initiate a SELL Trade for Polycab with for target of Rs 2,570 with a stop loss at Rs 2,650, as per Thakkar.
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.