Mitessh Thakkar: BUY HPCL, Asian Paints, Aurobindo Pharma and Power Grid
Market analyst Mitesh Thakkar has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open strong today but we can witness a rally in the markets today. NSE Nifty recovered from lows in yesterday’s session and the recovery was fast during the afternoon session. Nifty is looking strong right now and we can expect gains in today’s session. US markets closed positive on Thursday and global sentiment has improved.
Thakkar has suggested BUY Call for Asian Paints at current price for target of Rs 2955 with Stop Loss at Rs 2865. The stock is looking strong on technical charts. Thakkar has suggested BUY Call for HPCL at current levels for target of Rs 255 with Stop Loss at Rs 238.
Thakkar has suggested BUY Call for pharmaceutical major Aurobindo Pharma at current price for target of Rs 495 with Stop Loss at Rs 464. The stock can offer decent returns to short term investors.
Thakkar has suggested BUY Call for Power Grid at current price for target of Rs 240 with Stop Loss at Rs 228.
All trades should be conducted with strict Stop Loss. Markets can have unpredicted moves based on news and trends in the global markets. Stop Loss is an important strategy to reduce the risk in case the stock doesn’t move as per the call given by market experts.