Mitesh Thakkar: BUY DLF, ACC; SELL Maruti Suzuki and Hindustan Unilever
Market analyst Mitesh Thakkar has suggested two BUY Calls and two SELL Calls for today’s trading session. Indian markets have witnessed strong correction during the last few trading sessions and we can expect NSE Nifty to test major support levels. However, a possibility of bounce-back is also there as the markets have wiped off major gains in just a couple of trading sessions. Traders should be cautious and should keep strict stop loss for all trades.
Thakkar has suggested BUY Call for cement major ACC with a stop loss of Rs 1,619, target at Rs 1,665. Real estate major DLF is also on Thakkar’s radar for the trading session. Traders can BUY DLF with a stop loss of Rs 256, target at Rs 272, as per Thakkar.
Thakkar has suggested SELL Trade for automobile major Maruti Suzuki with a stop loss of Rs 7,810, target at Rs 7,500. Traders can SELL FMCG major Hindustan Unilever with a stop loss of Rs 2,320, target at Rs 2,230, 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.