Mitessh Thakkar: SELL IDFC First Bank, Adani Ports, GMR Infra; BUY Aditya Birla Fashion Retail
Market analyst Mitesh Thakkar has suggested three SELL Calls and one BUY Call for today’s trading session. Indian markets are expected to remain volatile for today’s session as there is no clarity about the situation in Ukraine. The US markets witnessed a volatile session with stocks losing further ground as investors are worried about the Russia-Ukraine issue. Markets will remain volatile for the next few sessions and traders should keep strict stop loss for all trades.
Thakkar has suggested SELL Trade for Adani Ports for a target of Rs 670 with a stop loss at Rs 712. Traders can initiate a SELL Trade for GMR Infra for a target of Rs 37.5 with a stop loss at Rs 40, as per Thakkar.
Thakkar has suggested SELL Call for small private banking counter IDFC First Bank for a target of Rs 40.5 with a stop loss of Rs 44.8.
Thakkar has suggested BUY Trade for Aditya Birla Fashion Retail for a target of Rs 277 with a stop loss at Rs 263.
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.