Mitessh Thakkar: BUY GNFC; SELL L&T Finance, Coromandel and Oberoi Realty
Market expert Mitesh Thakkar has suggested three SELL Calls and one BUY Call for today’s trading session. Indian markets are expected to open flat today and we can witness volatile trading session. Markets will depend on global cues for the direction in the coming trading sessions. There could be stock specific action as some companies will be announcing quarterly numbers. Overall, the sentiment is slightly negative but we could also see recovery rally as some stocks have witnessed a quick drop in valuations in the recent trading sessions.
Thakkar has suggested BUY Call for GNFC for a target of Rs 840 with a stop loss at Rs 803. The stock is looking strong on the charts. GNFC has seen strong performance in the recent times and the stock could offer good returns.
Thakkar has suggested SELL Call for real estate counter Oberoi Realty for a target of Rs 810 with a stop loss at 860. Traders can initiate a SELL Trade for Coromandel International for a target of Rs 850 with a stop loss at Rs 901, as per Thakkar.
Thakkar has suggested SELL Call for L&T Finance for a target of Rs 76 with a stop loss at Rs 82.
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.