The latest analysis and commentary by stock market guru Mitessh Thakkar on what is moving the markets today.
He shared his views and readings on Jubilant Foodworks, Ipca Laboratories, Ambuja Cements and Biocon.
Talking about stocks, he said, “I have a buy on Jubilant Food. Keep a stop at Rs 1,319 for targets of around Rs 1,370 on the upside. Ipca Lab is a buy with a stop at Rs 785 and look for targets of Rs 860.”
“Ambuja Cements is a sell with a stop at Rs 201 and look for targets of Rs 190 and Biocon is a conditional sell; if it breaks Rs 600 then take a 10 point stop loss at Rs 610 and look for Rs 580 as the first target,” he added.
“I have a buy on ICICI Bank with a stop at Rs 338 for target of Rs 351 and Jindal Steel & Power is a buy as well, keep a stop at Rs 138 and look for targets of Rs 149,” he further added.
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