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 Bharti Airtel, GAIL India, NIIT Technologies, Britannia Industries, HDFC, and Wockhardt.
“A buy on Bharti Airtel which had a very strong candlestick yesterday, fresh continuation signals on the upside. Buy with a stop at Rs 352 for targets of Rs 368. I also have a buy on GAIL with a stop at Rs 360 for targets of Rs 377 but it is a conditional buy I would want to see the intraday pivot of the Rs 364 being cleared. NIIT Technologies is my third buy call which is broken into swing high so keep a stop at Rs 1,334 look for targets of Rs 1,390. One sell call Brittannia, it was a sell yesterday as well, it drop by about 50 odd points but still there is long way to go so fresh shorts can be taken at current levels with revise stop at Rs 3,060 for targets of Rs 2,850.”
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