Mitessh Thakkar: BUY Wipro, United Spirits; SELL Godrej Consumer, Laurus Labs
Market expert Mitesh Thakkar has suggested two BUY Calls and two SELL Calls for today’s trading session. Indian markets are expected to open lower today and we can witness selling in select counters. US markets will be volatile this week ahead of US Federal Reserve meeting. Global markets registered strong performance last week.
Thakkar has suggested BUY Call for technology counter Wipro for a target of Rs 430 with a stop loss at Rs 411. Traders can initiate a BUY Trade for United Spirits for a target of Rs 885 with a stop loss at Rs 848, as per Thakkar.
Thakkar has suggested SELL Call for Godrej Consumer for a target of Rs 840 with a stop loss at Rs 880. Traders can SELL Laurus Labs for a target of Rs 480 with a stop loss at Rs 506, 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.