Mitesh Thakkar: BUY Vodafone India; SELL Granules India, M&M and Shriram Transport

Mitesh Thakkar: BUY Vodafone India; SELL Granules India, M&M and Shriram Transport

Market analyst Mitesh Thakkar has suggested one BUY Call and three SELL Calls for today’s trading session. Indian markets are expected to open lower today and we can expect selling pressure during the trading session. Global markets have turned negative late last week and we can expect Indian markets to see weakness as well. Markets have been trading strong over the last few weeks and many market participants have been expecting correction.

Thakkar has suggested BUY Call for Vodafone Idea with a stop loss of Rs 9.9, target at Rs 11.25.

Thakkar has suggested SELL trade for Granules India with a stop loss of Rs 315.5, target at Rs 297. Thakkar has suggested SELL call for automobile major Mahindra & Mahindra with a stop loss of Rs 793, target at Rs 755.

Traders can SELL Shriram Transport with a stop loss of Rs 1,402, target at Rs 1,335, 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.

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