Mitessh Thakkar: BUY Bharat Forge, L&T Housing, Jubilant FoodWorks; SELL Hindustan Unilever
Market analyst Mitesh Thakkar has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open flat today and we could see selling pressure at higher levels. Global markets trends were mixed on Thursday and markets could see a decline in today’s session. Indian markets have gained ground over the last two weeks and we could see little selling in select counters today.
Thakkar has suggested BUY Trade for Bharat Forge for a target of Rs 760 with a stop loss at Rs 724. Traders can initiate a BUY Trade for Domino’s Pizza main franchisee in India, Jubilant FoodWorks for a target of Rs 625 with a stop loss at Rs 584.
Thakkar has suggested BUY Call for L&T Housing Finance at current price for target of Rs 81 with Stop Loss at Rs 75.
Thakkar has suggested SELL Call for FMCG major Hindustan Unilever Ltd for a target of Rs 2,575 with a stop loss at Rs 2,634.
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.