Mitessh Thakkar: BUY Deepak Nitrite, Canara Bank, L&T and HDFC AMC
Market analyst Mitesh Thakkar has suggested four BUY Calls and no SELL Call for today’s trading session, indicating a bullish outlook for Indian markets. US and European markets closed positive on Thursday. Indian markets registered gains during the afternoon session and we can expect markets to see further strength today. The mood in the markets is positive and we can expect a positive closing today.
Thakkar has suggested BUY Call for PSU banking counter Canara Bank for a target of Rs 222 with a stop loss at Rs 209. Traders can initiate a BUY Trade for Deepak Nitrite for a target of Rs 2,100 with a stop loss at Rs 2,020, as per Thakkar.
Thakkar has suggested BUY Call for infrastructure major L&T for a target of Rs 4,450 with a stop loss at Rs 4,280. Traders can BUY HDFC AMC for a target of Rs 1,950 with a stop loss at Rs 1,860, 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.