Mitesh Thakkar: BUY HDFC, Tech Mahindra; SELL Aurobindo Pharma and Strides Pharma
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 and we can also witness selling pressure during the session. US markets closed positive on Tuesday.
Thakkar has suggested BUY Call for financial services major HDFC for a target of Rs 2,865 with a stop loss at Rs 2,800. Traders can BUY technology major Tech Mahindra for a target of Rs 1,570 with a stop loss at Rs 1,524, as per Thakkar.
Thakkar has suggested two SELL Calls for pharmaceutical companies. Thakkar has suggested SELL Trade for pharmaceutical counter Aurobindo Pharma for a target of Rs 696 with a stop loss at Rs 720.5. Traders can initiate a SELL trade for Strides Pharma Science for a target of Rs 525 with a stop loss at Rs 580, as per Thakkar.
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.