Mitesh Thakkar: BUY SBI, HCL Technologies, IGL; SELL IOC
Market analyst Mitesh Thakkar has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open positive today. Yesterday, markets traded in negative territory for most of the trading session but recovered by the end of the day. Dow Jones closed nearly one percent higher on Wednesday.
Thakkar has suggested BUY Call for technology major HCL Tech with a stop loss of Rs 704, target at Rs 740. Energy major IGL is also on Thakkar’s buying list for the day. Traders can Buy IGL with a stop loss of Rs 392, target at Rs 408, as per Thakkar.
Thakkar has suggested BUY call for banking major State Bank of India for today’s session. SBI is also on Ashwani Gujral’s buying list for today’s session. Traders can Buy SBI with a stop loss of Rs 198, target at Rs 215, as per Thakkar.
Thakkar has suggested SELL call for PSU energy major IOC with a stop loss of Rs 87.2, target at Rs 82.
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.