Mitesh Thakkar: BUY IGL, ITC, HPCL and Max Financial Services
Market analyst Mitesh Thakkar has suggested four BUY Calls and no SELL Call for today’s trading session, indicating a positive outlook for Indian markets. US markets closed slightly negative on Tuesday but the mood in Indian markets is still bullish. NSE Nifty convincingly crossed 17,000 mark in yesterday’s trade and markets are at their all-time highs.
Thakkar has suggested BUY Call for energy PSU HPCL for a target price of Rs 277 with a stop loss at Rs 260. Thakkar has suggested BUY Trade for Indraprastha Gas for a target of Rs 562 with a stop loss at Rs 537.
Among FMCG companies, ITC is on Thakkar’s radar for the trading session. Traders can BUY ITC for a target of Rs 218 with a stop loss of Rs 208, as per Thakkar.
Thakkar has suggested BUY Call for Max Financial Services for a target of Rs 1,120 with a stop loss at Rs 1,073.
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.