Mitessh Thakkar: SELL DLF, Adani Ports, GAIL and Bharti Airtel
Market analyst Mitesh Thakkar has suggested four SELL Calls and no BUY Call for today’s trading session. Indian markets are expected to open lower today as NSE Nifty touched 52-week low in yesterday’s trade. Markets are facing negative sentiment as inflation remains high and central banks across the world are hiking interest rates to tame inflation. US markets closed negative on Thursday and global trend is negative.
Thakkar has suggested SELL Call for Adani Ports for a target of Rs 665 with a stop loss at Rs 696. Traders can SELL real estate major DFL for a target of Rs 296 with a stop loss at Rs 312.
Thakkar has suggested SELL Call for GAIL for a target of Rs 136 with a stop loss at Rs 145. Traders can initiate a SELL Trade for telecom operator Bharti Airtel for a target of Rs 635 with a stop loss at Rs 662.
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.