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 Cadila Healthcare, Grasim Industries, India Cement and Adani Enterprises.
“I have four buy calls on stocks. The first one is a buy on Cadila with a stop at Rs 340, for targets of Rs 360. Grasim is also showing good signs of upward continuation. So that is a buy with a stop at Rs 840, I would look at targets close to about Rs 890 here. The cement pack is clearly showing signs of uptrend and there is a fresh breakout in charts of India Cements so that is a buy with a stop at s 104, look for targets of Rs 115-116. The stock that was buzzing on Friday was Adani Enterprises, good intraday buying signals, keep the stop just below Rs 145. Rs 144.50 is what I recommend, Rs 160 or thereabouts should be your profit targets,” he said.
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