Mitesh Thakkar: BUY HDFC Life, Bandhan Bank, Hindustan Unilever and Titan
Market analyst Mitesh Thakkar has suggested four BUY Calls and no SELL Call for today’s trading session, indicating a positive outlook for markets today. Indian markets are expected to open strong today and we can expect blue-chip stocks to register smart gains. US and European markets witnessed a sharp rally yesterday which can be seen as a trend reversal after the recent sessions of decline. The jump in Dow Jones and Nasdaq has led to gains for Asian markets this morning.
Thakkar has suggested BUY Call for mid-size private banking counter Bandhan Bank with a stop loss of Rs 334, target at Rs 359. Traders can initiate a BUY Trade for HDFC Life with a stop loss of Rs 706, target at Rs 740.
Thakkar has suggested BUY Call for Hindustan Unilever with a stop loss of Rs 2,480, target at Rs 2,590. Thakkar has suggested BUY Call for Titan with a stop loss of Rs 1,724, target at Rs 1,785. The stock is looking strong on the charts.
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.