Mitesh Thakkar: BUY Bajaj Auto, Axis Bank, Sun TV, Divi’s Labs
Market analyst Mitesh Thakkar has suggested four BUY Calls and no SELL Calls for today’s trading session. Indian markets are expected to open positive today and we can see NSE Nifty try to breach major resistance at 14,790. US markets close flat on Tuesday. Asian markets have been trading positive today.
Thakkar has suggested BUY Call for private banking major Axis Bank with a stop loss of Rs 687, target at Rs 730. Traders can initiate a BUY trade for automobile major Bajaj Auto with a stop loss of Rs 3,740, target at Rs 3,900.
Thakkar has suggested BUY Trade for Divi's Laboratories with a stop loss of Rs 3,869, target at Rs 4,000.
South India based broadcaster SUN TV is on Thakkar’s radar for the trading session. Traders can BUY Sun TV with a stop loss of Rs 481, target at Rs 505, 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.