Mitesh Thakkar: BUY Kotak Mahindra Bank, Bajaj Finserv, SBI and Tata Motors
Market analyst Mitesh Thakkar has suggested four BUY Calls for today’s session and no SELL calls, suggesting a bullish view on Indian markets today. Indian markets are expected to open positive today and we could see BSE Sensex crossing 39,000 levels. Dow Jones closed slightly negative on Tuesday and Asian stocks have been trading mixed this morning.
Two stocks from banking sector have been recommended by Thakkar. Market expert Ashwani Gujral has also suggested BUY Calls for Kotak Mahindra Bank and SBI. Traders can BUY Kotak Mahindra Bank with a stop loss of Rs 1,394, target at Rs 1,440, as per Thakkar. Traders can BUY SBI with a stop loss of Rs 202, target at Rs 220, as per Thakkar’s recommendation.
Thakkar has suggested BUY Call for financial services major Bajaj Finserv. Traders can BUY Bajaj Finserv with a stop loss of Rs 6,400, target at Rs 6,600.
Thakkar has suggested BUY Call for Tata Motors with a stop loss of Rs 122, target at Rs 135.
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.