Mitesh Thakkar: BUY HDFC Bank, Godrej Properties, Mahindra & Mahindra; SELL IGL
Market analyst Mitesh Thakkar has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets have been trading strong for the last few trading sessions and we can expect momentum to continue. Markets will be waiting for RBI policy decisions on October 9. Indian markets are expected to open positive today but we could see range-bound trading session.
Thakkar has suggested BUY Call for real estate developer Godrej Properties with a stop loss of Rs 880, target at Rs 940. Traders can BUY private banking major HDFC Bank with a stop loss of Rs 1,130, target at Rs 1,175, as per Thakkar.
Automobile major Mahindra & Mahindra is on Thakkar’s radar for the trading session. Thakkar has suggested BUY Trade for M&M with a stop loss of Rs 614, target at Rs 655.
Thakkar has suggested SELL Call for energy major IGL. Traders can initiate a SELL trade for IGL with a stop loss of Rs 391, target at Rs 370.
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.