Mitesh Thakkar: BUY Nestle, Hindustan Unilever, HCL Tech and L&T Technology

Mitesh Thakkar: BUY Nestle, Hindustan Unilever, HCL Tech and L&T Technology

Market analyst Mitesh Thakkar has suggested four BUY Calls and no SELL Call for today’s trading session, suggesting a bullish outlook for Indian markets today. Indian stocks registered two days of smart gains and markets are looking bullish at the current level. We can expect NSE Nifty to trade above 15,000 levels today but as US markets closed negative on Tuesday, we can also witness selling pressure at higher levels.

Thakkar has suggested BUY Trade for FMCG major Hindustan Unilever with a stop loss of Rs 2,164, target at Rs 2,230. In the FMCG space, Nestle is on Thakkar’s radar for the trading session. Traders can initiate a BUY Trade for Nestle with a stop loss of Rs 16,400, target at Rs 17,000.

Thakkar has suggested BUY Call for HCL Tech with a stop loss of Rs 944, target at Rs 975. Traders can BUY L&T Technology Services with a stop loss of Rs 2,700, target at Rs 2,800,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.

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