Mitesh Thakkar: BUY Dabur, Ashok Leyland, Power Finance Corp; SELL BPCL
Market analyst Mitesh Thakkar has suggested three BUY Calls and one SELL Call for today’s trading session, indicating a positive outlook for markets. Indian markets are expected to open strong today and we can expect markets to trade firm. US stocks closed positive on Friday and Asian markets have been trading positive today.
Thakkar has suggested BUY Call for commercial vehicle manufacturer Ashok Leyland for a target of Rs 139 with a stop loss at Rs 128.9. Among FMCG stocks, Dabur is on Thakkar’s radar. Traders can BUY Dabur for a target of Rs 620 with a stop loss at Rs 580, as per Thakkar.
Thakkar has suggested BUY Call for PSU power sector counter Power Finance Corporation for a target of Rs 136 with a stop loss at Rs 128.
Traders can SELL energy PSU BPCL for a target of Rs 439 with a stop loss at Rs 450, 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.