Mitessh Thakkar: BUY Raymond, Havells India, NALCO; SELL Bharti Airtel
Market analyst Mitesh Thakkar has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets staged a smart recovery in yesterday’s session and we can expect the positive trend to continue today as European and US markets closed strong on Tuesday. Indian markets are expected to open positive and we can see a positive closing. However, as RBI is meeting during the trading hours, we can expect slight volatility in the markets.
Thakkar has suggested BUY Call for Havells India for a target of Rs 1,440 with a stop loss at Rs 1,398. Traders can initiate a BUY Trade for Raymond for a target of Rs 659 with a stop loss at Rs 628, as per Thakkar.
Thakkar has suggested BUY Call for NALCO for a target of Rs 101 with a stop loss at Rs 94.50.
Thakkar has suggested SELL Call for telecom major Bharti Airtel for a target of Rs 675 with a stop loss at Rs 698. The stock has been gaining ground over the last few weeks and we can expect decline in this counter.
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.