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Buy Shilpa Medicare, ITC & sell CG Power, Rel Infra, recommends stock analyst Mitessh Thakkar

Updated : April 22, 2019 10:20 AM IST

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 Shilpa Medicare, ITC, CG Power and Industrial Solutions and Reliance Infrastructure.

“I have two buy calls and two sell calls. I have a buy on ITC which has come back to support levels. So keep a stop at Rs 299, look for targets of Rs 316 while midcap stock Shilpa Medicare is also a buy with a good pricing volume breakout happening on Thursday. So buy with a stop of Rs 394.50 for targets of Rs 425. Two sell calls – one of them is Reliance Infra. The candlestick pattern is quite negative. The set up in the short-term is weak, so sell with a stop at Rs 126, look for targets of Rs 110 and CG Power a similar kind of set up, sell with a stop at Rs 37.80 for targets close to about Rs 35.20 to about Rs 35,” he said.

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.
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