Mitessh Thakkar: BUY Syngene, Aurobindo Pharma, CoForge and HDFC AMC
Market analyst Mitesh Thakkar has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets witnessed a strong relief rally in yesterday’s trade but we can expect markets to see a gap-down opening today. We can see recovery during the afternoon session in case European and US markets trade positive. US markets closed strong on Tuesday but Asian markets were trading weak this morning.
Thakkar has suggested BUY Call for pharmaceutical major Aurobindo Pharma for a target of Rs 560 with a stop loss at Rs 532. The stock has witnessed strong selling during the last few weeks and has taken support from lower levels. Thakkar has suggested BUY Call for Syngene for a target of Rs 575 with a stop loss at Rs 546.
Thakkar has suggested BUY Call for technology counter CoForge for a target of Rs 3,690 with a stop loss at Rs 3,500. The stock is looking strong on the charts.
Thakkar has suggested BUY Call for HDFC AMC for a target of Rs 1,950 with a stop loss at Rs 1,820.
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.