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Buy Bajaj Auto, Federal Bank; sell Bata & LIC Housing, says stock expert Mitessh Thakkar

Updated : May 06, 2019 11:17 AM IST

The latest analysis and commentary by stock market guru Mitessh Thakkar of mitesshthakkar.com on what is moving the markets today.

He shared his views and readings on Bata India, Bajaj Auto, LIC Housing Finance, Federal Bank, HPCL, Tata Steel, United Breweries, BPCL, Kajaria Ceramics.

"I have a sell on Bata India. That is a sell with a stop at Rs 1,455 and look for targets of Rs 1,410. Bajaj Auto is a buy call. Take a stop at Rs 3,030 or just below it and look for targets of Rs 3,115. Buy Federal Bank with a stop below Rs 95.50 for targets of Rs 102. LIC Housing Finance is a sell. It could decline to levels of about Rs 471. It is a short with a stop at Rs 490.50," Thakkar said.

Follow stock recommendations by Mitessh Thakkar here: https://www.cnbctv18.com/author/mitessh-mthakkar-111/

Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
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