Mitesh Thakkar: BUY HCL Technologies, HDFC Bank, CoForge; SELL Dr Reddy’s
Market analyst Mitesh Thakkar has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open positive today and we can expect markets to close positive. US market closed near its all-time highs and Asian markets are trading strong today. We can expect markets to witnessed stock specific action today.
Thakkar has suggested BUY Call for Coforge Limited with a stop loss of Rs 2,799, target at Rs 2,900. Among technology stocks, HCL Technologies and Infosys are looking strong. Traders can BUY HCL Technologies with a stop loss of Rs 980, target at Rs 1,020, as per Thakkar.
Thakkar has suggested BUY Trade for private banking major HDFC Bank with a stop loss of Rs 1,518, target at Rs 1,555.
Traders can SELL pharmaceutical major Dr Reddy's with a stop loss of Rs 4,405, target at Rs 4,280, 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.