Mitessh Thakkar: BUY Bajaj Finance, Escorts, Hindustan Unilever; SELL IEX
Market analyst Mitesh Thakkar has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open strong today and we can expect stock specific action in the markets. US and European markets gained on Monday and Asian stocks were trading positive this morning. Indian markets have been performing better compared to Asian peers over the last few weeks. The sentiment in India is positive but the global volatility is impacting the markets.
Thakkar has suggested BUY Call for financial services major Bajaj Finance for a target of Rs 7,600 with a stop loss at Rs 7,450. Traders can initiate a BUY Call for automobile major Escorts for a target of Rs 2,165 with a stop loss at Rs 2,050, as per Thakkar.
Thakkar has suggested BUY Call for FMCG major HUL for a target of Rs 2,630 with a stop loss at Rs 2,554.
Traders can SELL IEX for a target of Rs 145 with a stop loss at Rs 157, 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.