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 Bajaj Finserv, HCL Technologies, Hindustan Unilever Ltd (HUL) and Dabur India.
“Bajaj Finserv has given a continuation swing breakout on the upside. So buy with a stop below Rs 7,595, look for Rs 7,740 or thereabouts as the target. HCL Tech has also given a breakout, that is a buy with a stop at Rs 1,120, look for targets close to about Rs 1,175 and my third buy is HUL which is a buy with a stop at Rs 1,739 for targets of Rs 1,780. I have one sell call, that is on Dabur. The candlestick pattern is negative, could see some more pressure on the downside and that is a sell with a stop of Rs 403 for targets of Rs 388,” he said.
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