Mitessh Thakkar: BUY Britannia, IndiGo; SELL L&T Infotech and Cholamandalam

Mitessh Thakkar: BUY Britannia, IndiGo; SELL L&T Infotech and Cholamandalam

Market analyst Mitesh Thakkar has suggested two Buy Calls and two Sell Calls for today’s trading session. Indian markets are expected to open positive today and we could see NSE Nifty trading above 16,000 levels. US markets witnessed a volatile session on Thursday with major decline during the early session and recovery during afternoon. Nasdaq closed positive but Dow Jones closed negative on Thursday.

Thakkar has suggested BUY Call for FMCG counter Britannia Industries for a target of Rs 3,860 with a stop loss at Rs 3,730. Thakkar has suggested BUY trade for aviation major IndiGo for a target of Rs 1,795 with a stop loss at Rs 1,745.

Thakkar has suggested SELL Call for L&T Infotech for a target of Rs 3,750 with a stop loss at Rs 3,926. Traders can initiate a SELL Trade for Cholamandalam Investment and Finance for a target of Rs 585 with a stop loss at Rs 616, 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.

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