Mitessh Thakkar: BUY LTI Mindtree, HDFC AMC, Jindal Steel and Delta Corp

Mitessh Thakkar: BUY LTI Mindtree, HDFC AMC, Jindal Steel and Delta Corp

Technical Analyst Mitesh Thakkar has suggested four BUY Calls and no SELL Call for today’s trade. Indian markets are expected to open strong today and we could see fresh all-time highs for NSE Nifty and BSE Sensex. SGX Nifty indicates a positive opening for Indian stocks. US markets closed positive on Tuesday and Dow Jones ended losing streak with nearly half percentage point gains.

Thakkar has suggested BUY Call for financial services major HDFC AMC at current levels with a stop loss of Rs 2,000 and a target of Rs 2,150. Thakkar has suggested BUY Call for LTIMindtree at current price with a stop loss of Rs 5,100 and a target of Rs 5,300. The stock is expected to be added to NSE Nifty 50 and will see higher allocation by funds and FIIs.

Thakkar has suggested BUY Trade for Jindal Steel and Power at current price with a stop loss of Rs 573 and a target of Rs 600. The stock is looking strong on the charts.

Thakkar has suggested BUY Call for Delta Corp with a stop loss of Rs 243 and a target of Rs 260. The stock has given positive breakout and we can expect further upside in the counter.

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.

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