Mitesh Thakkar: BUY Canara Bank, Tata Elxsi, Adani Transmission; SELL Bajaj Auto
Market analyst Mitesh Thakkar has suggested three BUY Calls and one SELL Calls for today’s trading session. Indian markets registered smart gains yesterday but trends in Asian markets suggest that we could see decline in stock today. Dow Jones closed nearly one percent lower on Wednesday.
Thakkar has suggested BUY call for public sector bank Canara Bank. Traders can initiate a BUY trade in Canara Bank with a stop loss of Rs 99, target at Rs 112. Other stock on Thakkar’s BUY list for the trading session is Tata Elxsi. Traders can Buy Tata Elxsi with a stop loss of Rs 850, target at Rs 950.
We have witnessed momentum in the last few trading sessions in stock from Adani Group. Thakkar has suggested BUY call for Adani Transmission with a stop loss of Rs 194, target at Rs 208
Bajaj Auto is on SELL list for today’s session. Thakkar and technical analyst Sudarshan Sukhani have suggested SELL call for Bajaj Auto. Traders can Sell Bajaj Auto with a stop loss of Rs 2,760, target at Rs 2,640, as per Thakkar.
TopNews will review trading call performance by the end of the session. Traders should keep strict Stop Loss for all the trades.