Mitesh Thakkar: BUY HCL Technologies, Bandhan Bank, SBI Life, TCS
Market analyst Mitesh Thakkar has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets are expecting to open slightly lower today. The signals from global markets are mixed and we can expect markets to trade in a narrow range today.
Thakkar has suggested BUY Call for mid-size banking counter Bandhan Bank for a target of Rs 310 with a stop loss at Rs 292. In the insurance space, PSU insurance major SBI Life is on Thakkar’s radar. Traders can BUY SBI Life for a target of Rs 1,300 with a stop loss at Rs 1,244.
Thakkar has suggested BUY Call for technology major HCL Tech for a target of Rs 1,340 with a stop loss at Rs 1,288. Traders can initiate a BUY Trade for technology major TCS for a target of Rs 3,900 with a stop loss at Rs 3,800, 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.