Mitessh Thakkar: BUY TVS Motor, IDFC First Bank, Ashok Leyland and Aditya Birla Fashion
Market analyst Mitesh Thakkar has suggested four BUY Calls and no SELL Calls for today’s trading session. Indian markets are expected to open flat today as Asian markets have been trading weak this morning. US markets closed positive on Tuesday and the trend in local markets is also positive.
Thakkar has suggested BUY Call for commercial vehicle manufacturer Ashok Leyland for a target of Rs 149 with a stop loss at Rs 140. Traders can initiate a BUY trade for private banking counter IDFC First Bank for a target of Rs 55 with a stop loss at Rs 51.5, as per Thakkar.
From automobile sector, TVS Motor Company is on Thakkar’s radar. Thakkar has suggested BUY Call for TVS Motor Company for a target of Rs 639 with a stop loss at Rs 618.
Thakkar has suggested BUY Call for Aditya Birla Fashion and Retail for a target of Rs 274 with a stop loss at Rs 254.5.
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.