Mitessh Thakkar: SELL DLF, Jindal Steel, Adani Ports; BUY IGL
Market analyst Mitesh Thakkar has suggested three SELL Calls and one BUY Call for today’s trading session. Indian markets are expected to see a gap-down opening today and we could witness a strong selling in today’s session.
Thakkar has suggested SELL Trade for Adani Ports for a target of Rs 821 with a stop loss at Rs 846. The stock is looking weak on the charts and selling in markets would lead to a decline in this counter. Thakkar has suggested SELL Call for Jindal Steel for a target of Rs 532 with a stop loss at Rs 560.
Thakkar has suggested SELL Call for real estate major DLF for targets of Rs 382-380 and Rs 377 with a stop loss at Rs 396. The stock is looking weak on the charts.
Thakkar has suggested BUY Call for IGL for a target of Rs 404 with a stop loss at Rs 387.
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.