Mitesh Thakkar: BUY L&T Infotech, Bank of Baroda, MRF and IndiaMart
Market analyst Mitesh Thakkar has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open positive today and we can see momentum in the stocks keeping markets firm for rest of the trading session. US markets closed positive on Friday and Asian stocks were trading mixed this morning.
Thakkar has suggested BUY Call for public sector banking major Bank of Baroda for a target of Rs 94 with a stop loss at Rs 86. Traders can initiate a BUY Trade for IndiaMart for a target of Rs 9,300 with a stop loss at Rs 8,575, as per Thakkar.
Thakkar has suggested BUY Call for MRF for a target of Rs 89,000 with a stop loss at Rs 84,500.
Traders can initiate a BUY Trade for technology counter L&T Infotech for a target of Rs 6,200 with a stop loss at Rs 5,875, 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.