Mitesh Thakkar: Buy Canara Bank, Bank of India, Sun Pharma and InfoEdge
Market analyst Mitesh Thakkar has suggested four BUY Calls and no SELL calls for today’s trading session, suggesting a bullish outlook for Indian markets. After last week’s gains, we can expect Indian markets to open strong on Monday. This week, we could also see BSE Sensex touching 40,000 levels and we can see further momentum in select stocks.
Thakkar has suggested two banking stocks for today’s trade. Market expert Ashwani Gujral has also suggested three banking stocks for today’s trade. Traders can Buy Bank of India with a stop loss of Rs 50.5, target at Rs 58, as per Thakkar. Other banking stock on Thakkar’s radar is Canara Bank, also suggested as BUY Call by Ashwani Gujral. Traders can Buy Canara Bank with a stop loss of Rs 111, target at Rs 125, as per Thakkar.
Thakkar has suggested BUY Call for InfoEdge with a stop loss of Rs 3,330, target at Rs 3,500, as the stock is looking strong on the charts.
In pharmaceutical segment, Thakkar has suggested BUY Trade for Sun Pharma with a stop loss of Rs 544, target at Rs 578.
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.