Mitesh Thakkar: BUY ICICI Bank, Kotak Mahindra Bank, HDFC AMC; SELL Mahindra & Mahindra
Market analyst Mitesh Thakkar has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets registered smart gains in yesterday’s trade and sentiment among traders is bullish. Dow Jones closed positive on Monday and we can expect stock-specific action in Indian markets today.
Thakkar has suggested BUY Calls for two private banking majors for today’s session. Traders can BUY Kotak Mahindra Bank with a stop loss of Rs 1,370, target at Rs 1,445. Thakkar has also suggested BUY Trade for ICICI Bank with a stop loss of Rs 373, target at Rs 395.
Thakkar has suggested BUY Call for HDFC AMC with a stop loss of Rs 2,440, target at Rs 2,600.
Thakkar has suggested SELL Call for automobile major Mahindra & Mahindra. Traders can Sell M&M with a stop loss of Rs 612, target at Rs 580.
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.