Mitessh Thakkar: BUY Godrej Consumer, Birlasoft, HPCL; SELL Adani Enterprises
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 but we could see a volatile session today. Markets aren’t having a clear direction but there is negative sentiment due to rising interest rates and high commodity prices. Indian markets could test major support levels for NSE Nifty.
Thakkar has suggested BUY Call for Birlasoft for a target of Rs 358 with a stop loss at Rs 336. The stock has been suggested as BUY for today’s trade by Ashish Chaturvedi as well. Thakkar has suggested BUY Call for FMCG major Godrej Consumer for a target of Rs 790 with a stop loss at Rs 750.
Thakkar has suggested BUY Call for PSU energy major Hindustan Petroleum Corporation Ltd (HPCL) for a target of Rs 235 with a stop loss at Rs 219.
Thakkar has suggested SELL Trade for Adani Enterprises for a target of Rs 2,020 with a stop loss at Rs 2,155.
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.