Mitessh Thakkar: BUY HDFC Life, Dr Lal Pathlabs, Honeywell Automation; SELL Delta Corp

Mitessh Thakkar: BUY HDFC Life, Dr Lal Pathlabs, Honeywell Automation; SELL Delta Corp

Market analyst Mitesh Thakkar has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open flat today but we can witness selling pressure in the markets. The global market sentiment has turned slightly bearish, after Nasdaq and Dow Jones declined during the last few trading sessions. Indian markets will also have a small impact of RBI monetary policy during today’s session.

Thakkar has suggested BUY Call for HDFC Life for a target of Rs 575 with a stop loss at Rs 552. Traders can initiate a BUY Trade for Honeywell Automation for a target of Rs 42,250 with a stop loss at Rs 40,400, as per Thakkar.

Thakkar has suggested BUY Call for Dr Lal Pathlabs for a target of Rs 2,900 with a stop loss at Rs 2,800.

Traders can initiate a SELL trade for Delta Corp for a target of Rs 313 with a stop loss at Rs 330, 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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