Mitessh Thakkar: BUY Hindustan Unilever, Britannia; SELL ONGC and Muthoot Finance

Mitessh Thakkar: BUY Hindustan Unilever, Britannia; SELL ONGC and Muthoot Finance

Market analyst Mitesh Thakkar has suggested two BUY Calls and two SELL Calls for today’s trading session. Indian markets are expected to open lower today and we could see further downside in the markets as global trend has turned negative after US Federal Reserve increased interest rates. Indian markets are still having a positive sentiment and undercurrent but we might see improvement only when global trend changes.

Thakkar has suggested BUY Call for FMCG major Britannia Industries for a target of Rs 3,950 with a stop loss at Rs 3,775. Traders can initiate a BUY Trade for Hindustan Unilever Ltd for a target of Rs 2,745 with a stop loss at Rs 2,670, as per Thakkar.

Thakkar has suggested SELL Call for Oil and Natural Gas Corporation for a target of Rs 122 with a stop loss at Rs 131. Traders can initiate a SELL Trade for gold finance major Muthoot Finance for a target of Rs 975 with a stop loss at Rs 1031, 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.

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