Mitesh Thakkar: BUY ITC, Bata India, Bajaj Finance and Larsen & Toubro
Market analyst Mitesh Thakkar has suggested four BUY Calls and no SELL Calls for today’s trading session, suggesting a bullish outlook for Indian markets. Positive global cues suggest that Indian market could open strong today and we can expect NSE Nifty to breach major resistance levels. Global markets are looking positive as US markets gained for the last couple of trading sessions. Asian stocks have been trading strong today.
Thakkar has suggested BUY Call for financial services major Bajaj Finance with a stop loss of Rs 5,270, target at Rs 5,480.
Thakkar has suggested BUY Call for Bata India and infrastructure major Larsen & Toubro. Both the stocks are also on buying list of market analyst Sudarshan Sukhani. Traders can BUY Bata India with a stop loss of Rs 1,369, target at Rs 1,425, as per Thakkar. Traders can initiate a BUY Trade for Larsen & Toubro with a stop loss of Rs 1,395, target at Rs 1,460, as per Thakkar.
Thakkar has suggested BUY Call for FMCG major ITC with a stop loss of Rs 208, target at Rs 221.
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.