Mitessh Thakkar: BUY HPCL, Canara Bank, Birlasoft; SELL Indian Hotels

Mitessh Thakkar: BUY HPCL, Canara Bank, Birlasoft; SELL Indian Hotels

Market analyst Mitesh Thakkar has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open slightly positive today. Global market trend is neutral and US markets closed slightly negative on Thursday after a strong opening. Indian markets are looking strong but global factors will impact the market direction.

Thakkar has suggested BUY Call for Birlasoft for a target of Rs 299 with a stop loss of Rs 280. The stock is looking strong on the charts. Thakkar has suggested BUY Call for PSU banking counter Canara Bank for a target of Rs 272 with a stop loss of Rs 253.

Traders can initiate a BUY Trade for Hindustan Petroleum Corporation Ltd for a target of Rs 215 with a stop loss of Rs 202.

Thakkar has suggested SELL Call for Indian Hotels for a target of Rs 300 with a stop loss of Rs 317.

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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