Mitesh Thakkar: BUY Hero MotoCorp, BPCL, Indian Oil and ONGC

Mitesh Thakkar: BUY Hero MotoCorp, BPCL, Indian Oil and ONGC

Market analyst Mitesh Thakkar has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets are trading at their all-time highs and we can expect markets to touch a fresh high in today’s trade. The sentiment in the markets is still bullish and many stocks are at their all-time highs. US markets closed positive last week and Indian markets are also looking strong.

Thakkar has suggested BUY Call for PSU oil major BPCL for a target price of Rs 504 with a stop loss at Rs 485. Another PSU energy major ONGC is on Thakkar’s radar for the day. Traders can BUY ONGC for a target of Rs 130 with a stop loss at Rs 120, as per Thakkar.

Thakkar has suggested BUY Call for automobile major Hero MotoCorp for a target of Rs 2,850 with a stop loss at Rs 2,775. Hero MotoCorp is looking strong on the charts.

Thakkar has suggested BUY Call for Indian Oil for a target of Rs 120 with a stop loss at Rs 110.

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.

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