Mitesh Thakkar: BUY HCL Technologies, UBL, Ambuja Cement; SELL Ashok Leyland
Market analyst Mitesh Thakkar has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open positive today as global cues are positive and Asian markets have been trading strong. US markets closed mixed with Dow Jones closing lower but Nasdaq registered impressive gains. Nasdaq is currently trading around its all-time highs. Indian markets can expect strong day today after a mixed week.
Thakkar has suggested BUY Call for technology major HCL Technologies with a stop loss of Rs 976, target at Rs 1,005. The stock is looking strong on the charts. Traders can BUY UBL with a stop loss of Rs 1,384, target at Rs 1,435, as per Thakkar.
Thakkar has suggested BUY Call for cement major Ambuja Cement with a stop loss of Rs 342, target at Rs 355.
Only SELL Call for today’s trade from Mitesh Thakkar is for commercial vehicle manufacturer Ashok Leyland. Traders can SELL Ashok Leyland with a stop loss of 125, target at Rs 116, as per Thakkar.
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.