Mitesh Thakkar: BUY Jubilant FoodWorks, Bosch, Tata Chemicals; SELL PowerGrid
Market analyst Mitesh Thakkar has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open positive today and we can expect markets to remain positive for the session. US markets closed positive on Friday but the US markets won’t open on Monday. Market participants are expecting a correction but majority of stocks are showing strong uptrend right now.
Thakkar has suggested BUY Call for Bosch with a stop loss of Rs 15,150, target at Rs 15,700. Traders can initiate a BUY Trade for Jubilant Foods with a stop loss of Rs 3,128, target at Rs 3,210, as per Thakkar. The stock is looking strong on the charts.
Thakkar has suggested BUY Call for Tata Chemicals with a stop loss of Rs 755, target at Rs 790.
Traders can SELL PowerGrid with a stop loss of Rs 230.2, target at Rs 221, as per Thakkar.
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.