Mitessh Thakkar: BUY DLF, Bata India, Union Bank and Federal Bank
Market analyst Mitesh Thakkar has suggested four BUY Calls and no SELL Calls for today’s trading session. Indian markets are expected to open positive today. Global markets are showing positive signs and Indian markets are looking bullish. We can expect markets to touch fresh highs in today’s trading session.
Thakkar has suggested BUY Trade for real estate major DLF for a target of Rs 450 with a stop loss of Rs 422.50. Traders can initiate a BUY trade for PSU banking counter Union Bank of India for a target of Rs 53 with a stop loss at Rs 47.80, as per Thakkar. One more stock from banking sector is on Thakkar’s radar. Traders can BUY Federal Bank for a target of Rs 106 with a stop loss at Rs 100, as per Thakkar.
Thakkar has suggested BUY Call for Bata India for a target of Rs 2,095 with a stop loss at Rs 2,020.
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.