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 Hindustan Petroleum Corporation Ltd (HPCL), Cipla, ICICI Bank, Yes Bank, Tech Mahindra and MCX.
"I have two buy calls Tech Mahindra is a buy keep a stop at Rs 820 for targets of Rs 850 and MCX is a buy with a stop below Rs 820 targets close to about Rs 880."
“I have more of buy calls and solitary sell on Yes Bank. The buy calls are HPCL is a buy with a stop at Rs 277.50 look for targets of Rs 294. Cipla is showing continuation signals of up move has started couple of weeks back can be bought fresh. Keep a stop at Rs 558 look for targets of Rs 585. Buy on ICICI Bank with a stop at Rs 400 for targets of Rs 420. Yes Bank is a solitary sell, it might open with a bigger gap down so I am not sure whether the trade will be initiated immediately but as of now keep the stop at Rs 242 look for Rs 224 as the first target. I suspect Rs 210 could also be tested very soon.”
Follow stock recommendations by Mitessh Thakkar here: https://www.cnbctv18.com/author/mitessh-thakkar-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.