Mitesh Thakkar: BUY BHEL, Bank of Baroda, IndiGo, IDFC First
Market analyst Mitesh Thakkar has suggested four BUY Calls and no SELL Call for today’s trading session, suggesting a bullish outlook for Indian markets. US markets closed positive on Thursday and Asian stocks have been trading positive today. Indian markets are expected to open positive but we could see selling pressure at higher levels. NSE Nifty could cross 15,000 mark in today’s trade.
Thakkar has suggested BUY trade for PSU banking major Bank of Baroda with a stop loss of Rs 80, target at Rs 88. Traders can BUY BHEL with a stop loss of Rs 41, target at Rs 45, as per Thakkar.
Thakkar has suggested BUY Trade for IDFC First with a stop loss of Rs 48, target at Rs 53. Aviation major Indigo has been on a decline in the recent sessions. The stock looks positive at the current levels. Traders can BUY IndiGo with a stop loss of Rs 1,650, target at Rs 1,730, 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.