Mitesh Thakkar: BUY DLF, Ashok Leyland, Escorts; SELL Dabur
Market expert Mitesh Thakkar has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open positive today. US and European markets closed positive on Thursday. Energy markets were volatile with oil and natural gas witnessing wild swings. RBI governor will announce policy decision today and market direction can have slight impact from RBI decision.
Thakkar has suggested BUY Call for commercial automobile manufacturer Ashok Leyland for a target of Rs 144 with a stop loss at Rs 133. Other stock on Thakkar’s radar from automobile sector is Escorts. Traders can BUY Escorts for a target of Rs 1,555 with a stop loss at Rs 1,493, as per Thakkar.
Thakkar has suggested BUY Trade for real estate major DLF for a target of Rs 450 with a stop loss at Rs 422.
Thakkar has suggested SELL Trade for FMCG counter Dabur India for a target of Rs 600 with a stop loss at Rs 622.
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.