Mitessh Thakkar: BUY Dixon Technologies, Aurobindo Pharma, HDFC Bank and Lupin
Market analyst Mitesh Thakkar has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open flat today and we can witness selling pressure at higher levels. The markets have seen a strong pullback during the last three trading sessions and today’s session could see decline in many blue-chip counters. US markets closed flat on Wednesday and European markets were down. There isn’t any major trigger for the markets today and we can expect a range-bound trade with negative bias.
Thakkar has suggested BUY Call for Aurobindo Pharma for a target of Rs 726 with a stop loss below Rs 690. Traders can BUY Dixon Technologies for a target of Rs 5,540 with a stop loss at Rs 5,300, as per Thakkar.
Thakkar has suggested BUY Call for private banking major HDFC Bank for a target of Rs 1,580 with a stop loss at Rs 1,542. Traders can BUY pharmaceutical major Lupin for a target of Rs 910 with a stop loss at Rs 882, 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.