The latest analysis and commentary by stock market guru Mitessh Thakkar of mitesshthakkar.com on what is moving the markets today.
He shared his views and readings on Equitas Holdings, Nestle India, Exide Industries, SRF, Motherson Sumi, Interglobe Aviation, Dr Reddys, Bosch, Larsen and Toubro (L&T), Federal Bank, Bandhan Bank.
Talking about stocks, he said, “Sell Equitas with a stop at Rs 128.50 for targets close to Rs 120. Nestle is a sell, keep a stop at Rs 10,525 and look for targets close to about Rs 9,800 and a sell on Exide as well with a stop at Rs 213.50 for targets of Rs 198.”
“I would attempt one long trade on SRF. The stock has come to support levels. So around Rs 2,400 being a good support keep a stop loss 2-3 points below that and look for a pullback to about Rs 2,520 levels,” he added.
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