NIFTY 50

Buy Hero MotoCorp, L&T, UPL & sell Bosch, says stock expert Mitessh Thakkar

Updated : May 23, 2019 11:12:40 IST

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

He also spoke at length on Hero MotoCorp, Bosch, Larsen & Toubro (L&T), UPL.

Talking about stock recommendations Mitessh Thakkar said, “I have three buys to a sell. Hero MotoCorp is a buy. There is some continuation signals. I wanted to buy in a mild 5-10 point kind of a dip. But if you get it around Rs 2,700 also try to attempt a long with a stop below Rs 2,660 Rs 2,750 being a first target. L&T is a buy disclaimer I have a position there. Buy with a stop at Rs 1,443, Rs 1,500 should be your first target. UPL is also showing good upside continuation that is a buy with a stop at Rs 998 for targets of Rs 1,045 and sell Bosch where the indicator set up is very weak so sell with a stop at Rs 17,200 Rs 16,000 can be a good target.”

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.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV

recommended for you