Mitesh Thakkar: BUY Havells India, NALCO, SELL Ambuja Cements and Infosys
Market analyst Mitesh Thakkar has suggested two BUY Calls and two SELL Calls for today’s trading session. Indian markets are expected to open lower today as Asian markets have been trading lower this morning. US markets closed negative on Monday as Oil prices touched three year high after OPEC meeting. We can expect a negative trading session today.
Thakkar has suggested BUY Trade for electric equipment manufacturer Havells India above Rs 1,393 for a target of Rs 1,420 with a stop loss at Rs 1,379. Traders can initiate a BUY Trade in National Aluminium for a target of Rs 115 with a stop loss at Rs 99.7, as per Thakkar.
Thakkar has suggested SELL Call for technology major Infosys for a target price of Rs 1,640 with a stop loss at Rs 1,692. Thakkar has suggested SELL Trade for cement major Ambuja Cements for a target of Rs 389 with a stop loss at Rs 413.
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.