Mitesh Thakkar: BUY Hero MotoCorp, Hindustan Unilever, UltraTech Cement; SELL Divi’s Labs
Market analyst Mitesh Thakkar has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open positive today and we can expect range-bound trading session today. Markets have recovered from last week’s correction and we have seen NSE Nifty touching another lifetime high last week.
Thakkar has suggested BUY Trade for cement major UltraTech Cement with a stop loss of Rs 5,497, target at Rs 5,625. Thakkar has suggested BUY Call for FMCG major Hindustan Unilever with a stop loss of Rs 2,390, target at Rs 2,465.
Traders can BUY Hero MotoCorp with a stop loss of Rs 3,349, target at Rs 3,440, as per Thakkar.
Only stock on Thakkar’s selling list for the day is pharmaceutical counter Divi’s Labs. Traders can SELL Divi's Labs with a stop loss of Rs 3,602, target at Rs 3,485, 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.