Mitesh Thakkar: BUY Indian Hotels, DLF, Hindustan Aeronautics; SELL Infosys
Market analyst Mitesh Thakkar has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are hovering around their all-time highs for major indices and the sentiment in the markets is still bullish. US stocks closed mixed yesterday as Nasdaq closing higher and Dow Jones slightly lower. Asian stocks were trading mixed this morning.
Thakkar has suggested BUY Call for real estate major DLF for a target of Rs 350 with a stop loss at Rs 325. Traders can initiate a BUY Trade in Hindustan Aeronautics Limited for a target of Rs 1,400 with a stop loss at Rs 1,324.
Thakkar has suggested BUY Call for Indian Hotels Company for a target of Rs 157 with a stop loss at Rs 142.5.
Traders can SELL technology major Infosys below Rs 1,670 for a target of Rs 1,650 with a stop loss at Rs 1,682, as per Thakkar. The stock is looking weak on the charts.
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.