Mitesh Thakkar: BUY Voltas, Asian Paints, Bajaj Finserv and Pidilite
Market expert Mitesh Thakkar has suggested four BUY Calls and no SELL calls today, suggesting a bullish outlook for Indian stocks today. Indian markets are expected to open strong on Tuesday and NSE Nifty could touch new highs in today’s trade. Markets have been consolidating the in the recent trading sessions and market mood is optimistic. Dow Jones closed flat on Monday but Asian stocks have been trading firm.
Thakkar has suggested Buy Call for Asian Paints with a stop loss of Rs 1,738, target at Rs 1,780. Thakkar suggests Buy Call for Voltas as the stock is looking strong on technical charts. Voltas with a stop loss of Rs 589, target at Rs 616.
Thakkar has suggested Buy Call Bajaj Finserv with a stop loss of Rs 6,550, target at Rs 6,800. Other stock on Thakkar’s list for the day is Pidilite. Traders can initiate a BUY trade in Pidilite with a stop loss of Rs 1,425, target at Rs 1,475.
Markets have been volatile during the recent weeks. All trades should be carried out with strict STOP LOSS in order to minimize losses, in case the trade doesn’t go as expected.