Mitesh Thakkar: BUY PNB, IndusInd Bank, Tata Chemicals and Ashok Leyland
Market analyst Mitesh Thakkar has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open strong today and we can expect NSE Nifty to touch another lifetime high in today’s trade. US markets closed positive on Wednesday and global markets are still looking bullish. Indian markets are showing no sign of correction and the investor sentiment is quite bullish.
Thakkar has suggested BUY Call for private banking major IndusInd Bank for a target of Rs 1,095 with a stop loss at Rs 1,037. PSU banking counter PNB is on Thakkar’s radar for the trading session. Traders can BUY PNB for a target of Rs 41 with a stop loss at Rs 38, as per Thakkar.
Commercial automobile manufacturer Ashok Leyland is on Thakkar’s buying list. The stock has been recommended as BUY Call by Sudarshan Sukhani as well. Traders can BUY Ashok Leyland for a target of Rs 134 with a stop loss at Rs 125, as per Thakkar.
Thakkar has suggested BUY Call for Tata Chemicals for a target of Rs 885 with a stop loss at Rs 845.
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.