Mitesh Thakkar: BUY HCL Technologies, HDFC Bank, Infosys Technologies and Escorts Limited
Market analyst Mitesh Thakkar has suggested four BUY Calls and no SELL Call for today’s trading session, suggesting a bullish outlook for Indian markets. After yesterday’s positive closing and decent gains in the US stocks overnight, the trend in Indian markets is bullish. We can expect NSE Nifty to open above 15,200 levels and markets should remain positive for the trading session. Asian markets have been trading positive today.
Two stocks from technology sector are on Thakkar’s radar for the trading session. Traders can BUY HCL Technologies with a stop loss of Rs 960, target at Rs 1,000, as per Thakkar. IT industry major Infosys is also on Thakkar’s buying list as the stock is looking strong on the charts. Traders can BUY Infosys with a stop loss of Rs 1,330, target at Rs 1,380, as per Thakkar.
Thakkar has suggested BUY Trade for automobile major Escorts Limited with a stop loss of Rs 1,349, target at Rs 1,395.
Thakkar has suggested BUY Trade for private banking major HDFC Bank with a stop loss of Rs 1,549, target at Rs 1,595.
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.