Mitesh Thakkar: BUY HDFC Life, GAIL, Indian Oil and NMDC
Market analyst Mitesh Thakkar has suggested four BUY Calls and no SELL Calls for today’s session, indicating a positive outlook for Indian markets. Dow Jones closed 1.6 percent higher on Monday and is almost touching 30,000 mark. Indian markets are expected to open strong today and we could see a lifetime high for NSE Nifty and BSE Sensex in today’s trade.
Thakkar has suggested BUY Call for energy major GAIL with a stop loss of Rs 92, target at Rs 98. Indian Oil is another stock from energy sector on Thakkar’s radar for the trading session. Traders can BUY IOC with a stop loss of Rs 84.8, target at Rs 91, as per Thakkar.
Thakkar has suggested BUY Call for HDFC Life with a stop loss of Rs 624, target at Rs 665 as the stock is looking strong on technical charts.
Thakkar has suggested BUY trade for NMDC with a stop loss of Rs 92.5, target at Rs 98.
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.