Mitessh Thakkar: BUY Bandhan Bank, HDFC Life, Muthooth Finance and Ambuja Cements
Market analyst Mitesh Thakkar has suggested four BUY Calls and no SELL calls for today’s trading session, suggesting a bullish outlook for Indian markets. Dow Jones closed slightly positive on Monday and Asian markets have been trading mixed. Indian markets are expected to open strong today and we could see buying in select counters.
Thakkar has suggested traders to initiate a Buy trade for Ambuja Cements with a stop loss of Rs 205, target at Rs 214. Other stock on Thakkar’s list for the day is small private sector bank, Bandhan Bank. Traders can Buy Bandhan Bank with a stop loss of Rs 324, target at Rs 345.
Thakkar has also suggested Buy Call for HDFC Life with a stop loss of Rs 625, target at Rs 650.
Gold financing major Muthoot Finance is also on Thakkar’s radar for the trading session. Traders can Buy Muthoot Finance with a stop loss of Rs 1,344, target at Rs 1,400, 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.