Mitessh Thakkar: BUY HDFC Life, Adani Ports, Infosys; SELL Bajaj Auto
Market analyst Mitesh Thakkar has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open strong today as global markets have showcased positive trends over the weekend. Indian markets had volatile sessions during last week and we can expect markets to witness strength this week. We can also witness stock specific action in the markets this week.
Thakkar has suggested BUY Call for Adani Ports for a target of Rs 772 with a stop loss at Rs 740. Traders can initiate a BUY Trade for HDFC Life Insurance Company for a target of Rs 735 with a stop loss at Rs 713.
Thakkar has suggested BUY Call for technology major Infosys Technologies for a target of Rs 1,820 with a stop loss at Rs 1,764.
Thakkar has suggested SELL Call for automobile major Bajaj Auto if the stock witnesses a pullback rally towards 3650. Traders can SELL on Bajaj Auto around Rs 3,650 for a target of Rs 3,550 with a stop loss at Rs 3,705, 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.