Mitesh Thakkar: BUY Delta Corp, Co Forge, Tata Power and Power Finance Corporation
Market analyst Mitesh Thakkar has suggested four BUY Calls and no SELL Calls for today’s trading session. Indian markets are expected to open positive but we can see selling pressure at higher levels. Markets could also face a correction in today’s trade. The global cues are positive but many stocks are at high valuations and markets could see decline in select sectors.
Thakkar has suggested BUY Call for Power Finance Corporation with a stop loss of Rs 134, target at Rs 145. Other stock from power sector on Thakkar’s radar is Tata Power. Traders can BUY Tata Power with a stop loss of Rs 110, target at Rs 120, as per Thakkar.
Thakkar has suggested BUY Trade for Co Forge with a stop loss of Rs 2,699, target at Rs 2,785. Traders can initiate a BUY trade for Delta Corp with a stop loss of Rs 182, target at Rs 200, as the stock is looking strong on the charts.
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.