Mitessh Thakkar: BUY L&T, Bank of Baroda, IndiaMart and Hindalco
Market analyst Mitesh Thakkar has suggested four BUY Calls and no SELL Call for today’s trade indicating a bullish outlook for markets. Thakkar has been bullish over the last three trading sessions and markets are looking strong at the moment. We can expect strong opening for markets today as US and European markets closed positive on Thursday.
Thakkar has suggested BUY Call for IndiaMart for a target of Rs 4,050 with a stop loss at Rs 3,850. Thakkar has suggested BUY Call for PSU banking counter Bank of Baroda for a target of Rs 110 with a stop loss at Rs 102.
Thakkar has suggested BUY Call for metal counter Hindalco for a target of Rs 376 with a stop loss at Rs 354. Thakkar has suggested BUY Trade for infrastructure major L&T for a target of Rs 1,645 with a stop loss at Rs 1,594.
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.