Mitesh Thakkar: BUY HPCL, BHEL; SELL Havells India and Infosys Technologies
Market analyst Mitesh Thakkar has suggested two BUY Calls and two SELL Calls for today’s trading session. Indian markets are expected to open lower today and we can witness selling pressure in the markets. NSE Nifty had witnessed a quick 1000 points rally over the last few weeks and we can expect minor correction in the markets. Market sentiment will also depend on the trends in the global markets.
Thakkar has suggested BUY Call for BHEL for a target of Rs 64 with a stop loss at Rs 58.5. Other stock on Thakkar’s buying list is oil PSU HPCL. Traders can BUY HPCL for a target of Rs 305 with a stop loss at Rs 285, as per Thakkar.
Thakkar has suggested SELL Call for Havells India for a target of Rs 1,335 with a stop loss at Rs 1,387. Traders can initiate a SELL Trade for technology major Infosys Technologies below Rs 1,675 for a target of Rs 1,645 with a stop loss at Rs 1,690, 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.