Mitessh Thakkar: BUY IndusInd Bank, Federal Bank, TCS and HDFC Life
Market analyst Mitesh Thakkar has suggested four BUY calls and no SELL Call for today’s trading session. Indian markets are expected to open positive today and we can see stock specific action in the markets as many companies will be declaring quarterly results this week. Indian markets are showcasing positive sentiment and global markets were mostly positive last week.
Thakkar has suggested BUY Call for private banking counter IndusInd Bank at current levels for a target of Rs 1,280 with a stop loss at Rs 1,224. Thakkar has suggested BUY Call for banking counter Federal Bank at current levels for a target of Rs 145 with a stop loss at Rs 136.
Thakkar has suggested BUY Call for technology major Tata Consultancy Services (TCS) at current levels for a target of Rs 3,430 with a stop loss at Rs 3,350.
Thakkar has suggested BUY Call for HDFC Life for a target of Rs 625 with a stop loss at Rs 593. The stock is looking strong on the charts.
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.