Mitesh Thakkar: BUY SBI, Canara Bank, Aditya Birla Fashion; SELL Bajaj Finance
Market analyst Mitesh Thakkar has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets have been trading strong over the last few sessions. While the markets witnessed a decline and recovery in yesterday’s trade, we can expect markets to open slightly lower today. Important support for NSE Nifty would be at 14,435.
Thakkar has suggested BUY Call for two public sector banks for today’s trade. Traders can BUY PSU Bank Canara Bank with a stop loss of Rs 552, target at Rs 628, as per Thakkar. Traders can BUY banking major SBI with a stop loss of Rs 300, target at Rs 320, as per Thakkar.
Thakkar has suggested BUY Trade for Aditya Birla Fashion and Retail as the stock is looking strong on the charts. Traders can BUY ABFRL with a stop loss of Rs 175, target at Rs 190, as per Thakkar.
Thakkar has suggested a SELL Trade for financial services major Bajaj Finance with a stop loss of Rs 5,000, target at Rs 4,700.
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.