Mitesh Thakkar: BUY HDFC Life, LIC Housing; SELL Maruti Suzuki, Berger Paints
Market analyst Mitesh Thakkar has suggested two BUY Calls and two SELL Calls for today’s trading session. Indian markets are expected to open flat today as Asian stocks have been trading lower this morning. US markets closed almost flat on Wednesday. Indian markets are hovering around all time highs for NSE Nifty and BSE Sensex. Markets can witnessed volatility today as it is expiry for the Futures & Options.
Thakkar has suggested SELL Call for Berger Paints for a target of Rs 765 with a stop loss of Rs 795. Traders can initiate a SELL Trade for automobile major Maruti Suzuki for a target of Rs 6,610 with a stop loss of Rs 6,755, as per Thakkar.
Thakkar has suggested BUY Call for HDFC Life for a target of Rs 710 with a stop loss of Rs 679. The stock is looking strong on the charts.
Thakkar has suggested BUY Trade for LIC Housing for a target of Rs 396 with a stop loss of Rs 378.
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.