Mitessh Thakkar: SELL Adani Enterprises, Apollo Tyres, L&T Technology; BUY Biocon
Market analyst Mitesh Thakkar has suggested three SELL Calls and one BUY Call for today’s trading session. Indian markets are expected to open gap-down as global markets are trading negative. The rising tension between Western nations and Russia over the Ukraine issue has led to panic selling in stock markets. Indian markets will be tracking the trends in global markets and all trading should be conducted with strict Stop Loss.
Thakkar has suggested SELL Call for Adani Enterprises for a target of Rs 1,640 with a stop loss at Rs 1,705. Traders can initiate a SELL Trade for Apollo Tyres for a target of Rs 196 with a stop loss at Rs 206, as per Thakkar.
Thakkar has suggested Sell Trade for L&T Technology Services for a target of Rs 4,275 with a stop loss at Rs 4,405.
Thakkar has only one stock on his BUYING list for today’s session. Traders can BUY Biocon for a target of Rs 398 with a stop loss at Rs 379, 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.