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.”
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