Mitesh Thakkar: BUY Hero MotoCorp, Apollo Tyres, Coal India and McDowells
Market analyst Mitesh Thakkar has suggested four BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open strong today and we can expect markets to trade positive for the rest of the trading session. US and European markets closed strong on Wednesday and the trend in global markets looks positive. Asian stocks were trading firm today.
Thakkar has suggested BUY Trade for Apollo Tyres for a target of Rs 244 with a stop loss at Rs 229. Thakkar has suggested BUY Call for automobile major Hero MotoCorp for a target of Rs 2,900 with a stop loss at Rs 2,825.
PSU energy counter Coal India is on Thakkar’s radar for the trading session. Traders can BUY Coal India for a target of Rs 170 with a stop loss at Rs 158, as per Thakkar.
Thakkar has suggested BUY Trade for liquor counter McDowells for a target of Rs 800 with a stop loss at Rs 760.
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.