Mitessh Thakkar: SELL Bajaj Finance, Ashok Leyland, Nestle; BUY Coal India

Mitessh Thakkar: SELL Bajaj Finance, Ashok Leyland, Nestle; BUY Coal India

Market analyst Mitesh Thakkar has suggested three SELL Calls and one BUY Call for today’s trading session. Indian markets are expected open lower and we can witness selling across the board today as market sentiment has turned bearish. The crisis in Ukraine has deepened and this has resulted in selling across the global markets. The sanctions announced on Russia haven’t deterred Putin from proceeding with the aggressive attack in Ukraine. Indian markets are expected to close lower today.

Thakkar has suggested SELL Call for commercial automobile maker Ashok Leyland for a target of Rs 105 with a stop loss at Rs 112. Traders can initiate a SELL Trade for financial services provider Bajaj Finance for a target of Rs 6,600 with a stop loss at Rs 6,800, as per Thakkar.

Thakkar has suggested SELL Trade for FMCG major Nestle for a target of Rs 17,100 with a stop loss at Rs 17,510.

Traders can BUY PSU energy major Coal India for a target of Rs 192 with a stop loss at Rs 179, 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.

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