Mitesh Thakkar: BUY Infosys, Larsen & Toubro, HDFC Bank and IndusInd Bank
Market analyst Mitesh Thakkar has suggested four BUY Calls and no SELL Call for today’s trading session, indicating a bullish outlook for Indian stocks today. Indian markets are expected to open strong and investor sentiment is bullish. Markets are trading at all-time highs and investors have higher risk appetite. The week started with a correction but recovery was quick and now we are looking forward to NSE Nifty above 18,000. BSE Sensex could also cross 60,000 level in today’s trading session.
Thakkar has suggested BUY Call for two private sector banking majors for traders. Traders can initiate a BUY Trade for HDFC Bank for a target of Rs 1,600 with a stop loss at Rs 1,555. Thakkar has suggested BUY Call for IndusInd Bank for a target of Rs 1,210 with a stop loss at Rs 1,147.
Thakkar has suggested BUY Trade for technology major Infosys for a target of Rs 1,770 with a stop loss below Rs 1,729.
Among infrastructure stocks, Larsen & Toubro is on Thakkar’s radar for the session. Traders can BUY L&T for a target of Rs 1,820 with a stop loss below Rs 1,750, as per Thakkar.
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.