Mitesh Thakkar: BUY Infosys, Indraprastha Gas, ICICI Prudential; SELL IndusInd Bank
Market analyst Mitesh Thakkar has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets have been trading strong over the last few weeks. After a brief decline for single trading session, markets are again trading firm. Market participants are waiting for a deeper correction in Indian equities.
Infosys Technologies is showing strength in the technical charts and we can expect this technology counter to see renewed buying interest. Traders can BUY Infosys with a stop loss of Rs 1,204, target at Rs 1,255, as per Thakkar.
Thakkar has suggested BUY Trade for Indraprastha Gas with a stop loss of Rs 478, target at Rs 510. Thakkar has suggested BUY Trade for ICICI Prudential with a stop loss of Rs 470, target at Rs 495.
Traders can SELL private banking major IndusInd Bank with a stop loss of Rs 865, target at Rs 810, 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.