Mitesh Thakkar: BUY Muthoot Finance, NTPC, L&T Finance; SELL Cholamandalam
Market analyst Mitesh Thakkar has suggested three BUY Calls and one SELL Call for today’s trade. Indian markets are hovering around their all-time highs but we witnessed selling pressure in yesterday’s trade. Indian markets are expected to open positive today. Asian markets were trading mixed while US markets closed flat on Wednesday.
Thakkar has suggested BUY Call for L&T Finance with a stop loss of Rs 93.5, target at Rs 99. Another financial services company on Thakkar’s radar is gold finance major Muthoot Finance. Traders can BUY Muthoot Finance with a stop loss of Rs 1,450, target at Rs 1,510, as per Thakkar.
Thakkar has suggested BUY Call for PSU energy major NTPC with a stop loss of Rs 116, target at Rs 124. NTPC is also on BUYING list of market analyst Sudarshan Sukhani for today’s trade.
Thakkar has suggested SELL Trade for Cholamandalam with a stop loss of Rs 565, target at Rs 542.
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.