Mitessh Thakkar: BUY Maruti Suzuki, BPCL, Shree Cements; SELL Hindustan Aeronautics
Market analyst Mitesh Thakkar has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open strong today and we can see NSE Nifty crossing major resistance levels. Global markets have given positive cues and this should result in recovery in the Indian markets.
Thakkar has suggested BUY Call for energy PSU major BPCL for a target of Rs 400 with a stop loss at Rs 385. Traders can initiate a BUY Trade for automobile major Maruti Suzuki India for a target of Rs 7,750 with a stop loss at Rs 7,620. The stock is looking strong on the charts.
Thakkar has suggested BUY Call for cement counter Shree Cement for a target of Rs 26,250 with a stop loss at Rs 25,500.
Thakkar has suggested SELL Call for HAL for a target of Rs 1,620-1,625 with a stop loss at Rs 1,675.
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.