Mitesh Thakkar: BUY Bank of Baroda, Bharti Airtel; SELL Mahanagar Gas and Dalmia Bharat
Market analyst Mitesh Thakkar has suggested two BUY Calls and two SELL Calls for today’s trading session. Indian markets are expected to open flat today and we can see some selling pressure during the session. Markets have been trading strong over the last few trading sessions and a small correction would be healthy for the markets. We can expect stock specific action in markets as many companies will announce quarterly results.
Thakkar has suggested BUY Call for telecom major Bharti Airtel for a target of Rs 735 with a stop loss at Rs 696. Traders can initiate a BUY Trade for PSU Banking major Bank of Baroda for a target of Rs 98 with a stop loss at Rs 90, as per Thakkar.
Thakkar has suggested SELL Call for Dalmia Bharat Cement for a target of Rs 1,910 with a stop loss at Rs 2,002.
Traders can SELL Mahanagar Gas Limited for a target of Rs 1,010 with a stop loss at Rs 1,071, as per Thakkar. The stock is looking weak 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.