Mitessh Thakkar: SELL IRCTC, Colgate-Palmolive, IEX and AU Small Finance Bank

Mitessh Thakkar: SELL IRCTC, Colgate-Palmolive, IEX and AU Small Finance Bank

Market analyst Mitesh Thakkar has suggested three SELL Calls and one BUY Call for today’s trading session. Indian markets are expected to open lower today but we can expect recovery during later part of the session. Indian markets have witnessed a strong and quick correction during the last few trading sessions.

Thakkar has suggested SELL Call for FMCG counter Colgate-Palmolive for a target of Rs 1,360 with a stop loss at Rs 1,426. Traders can SELL IEX for a target of Rs 230 with a stop loss at Rs 242, as per Thakkar.

Thakkar has suggested SELL Call for IRCTC for a target of Rs 780 with a stop loss at Rs 826.

Thakkar has suggested BUY Call for private banking counter AU Small Finance Bank for a target of Rs 1,270 with a stop loss at Rs 1,208.

All trades should be conducted with strict Stop Loss. Markets can have unpredicted moves based on news and trends in the global markets. Stop Loss is an important strategy to reduce the risk in case the stock doesn’t move as per the call given by market experts.

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