The latest analysis and commentary by stock market guru Mitessh Thakkar of mitesshthakkar.com on what is moving the markets today. Check out his top stock recommendations.
He spoke at length about Axis Bank, State Bank of India, HDFC Bank, L&T Finance, Federal Bank, Godrej Industries, Tech Mahindra.
Speaking about the individual stock ideas, Thakkar said, “Axis Bank, I would look at a target or retest of the earlier highs of Rs 775. I will recommend a buy with a stop loss of Rs 739. State Bank of India (SBI) should see continuation. It has been a recommendation last week as well and now can be bought with a stop at Rs 314 for targets of Rs 335. Buy on HDFC Bank which is on the verge of making a fresh swing high. That is a buy with a stop at Rs 2,344 and look for Rs 2,400 as the first target. L&T Finance, extremely oversold, has gone through a correction, could reverse. This is a buy with a stop at Rs 115 and look for Rs 122 as the first target.”Follow stock recommendations by Mitessh Thakkar here:
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