Mitessh Thakkar: BUY HDFC AMC; SELL Aditya Birla Fashion, GSPL and Bharti Airtel
Market expert Mitesh Thakkar has suggested one BUY Call and three SELL Calls for today’s trading session. Indian markets are expected to open flat today and we can see markets trading in a narrow range today. US markets closed slightly negative on Wednesday and Asian markets offered mixed signals this morning. Markets would need a major trigger for the next decisive move.
Thakkar has suggested only one BUY Call for today’s session. Traders can initiate a BUY Trade for HDFC AMC for a target of Rs 1,950 with a stop loss at Rs 1,874, as per Thakkar. The stock is looking strong on the charts.
Thakkar has suggested SELL Call for Aditya Birla Fashion and Retail for a target of Rs 244 with a stop loss at Rs 260. Traders can initiate a SELL Trade for telecom operator Bharti Airtel for a target of Rs 640 with a stop loss of Rs 675, as per Thakkar.
Thakkar has suggested SELL Call for Gujarat State Petronet Limited for a target of Rs 230 with a stop loss at Rs 248. The stock recently touched 52-week low.
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.