Mitesh Thakkar: BUY Axis Bank, Ashok Leyland, Bank of Baroda; SELL Bajaj Auto
Market analyst Mitesh Thakkar has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open positive today after yesterday’s positive closing. The global markets are sending mixed signals but we could see BSE Sensex closing above 40,000 level today.
Thakkar has suggested BUY Call for commercial vehicle maker Ashok Leyland with a stop loss of Rs 80, target at Rs 86.
From banking sector, Thakkar has two BUY Calls for today’s session. Traders can initiate a BUY Call for private banking major Axis Bank with a stop loss of Rs 511, target at Rs 545. Thakkar has suggested BUY Trade for Bank of Baroda with a stop loss of Rs 43.8, target at Rs 47.
Traders can initiate a SELL Trade for automobile major Bajaj Auto with a stop loss of Rs 2,892, target at Rs 2,800, 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.