Mitessh Thakkar: BUY Bata India, Deepak Nitrite; SELL Infosys and HCL Technologies
Market analyst Mitesh Thakkar has suggested two BUY Calls and two SELL Calls for today’s trading session. Indian markets are expected to open lower today as Asian markets were trading negative this morning. US markets closed negative on Monday while European indices closed flat. Indian markets are looking forward to quarterly results.
Thakkar has suggested BUY Call for Deepak Nitrite for a target of Rs 1,890 with a stop loss at Rs 1,785. Thakkar has suggested BUY Call for Bata India for a target of Rs 1,875 with a stop loss at Rs 1,795. The stock is looking strong on the charts.
Thakkar has suggested SELL Trade for technology major Infosys for a target of Rs 1,440 with a stop loss at Rs 1,490. Traders can initiate a SELL Trade for technology counter HCL Technologies for a target of Rs 910 with a Stop Loss at Rs 960.
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.