The latest analysis and commentary by stock market gurus Mitessh Thakkar of mitesshthakkar.com and Mayuresh Joshi of Angel Broking on what is moving the markets today. Check out their top stock recommendations.
Answering viewer query on Indiabulls Housing Finance, Joshi said, “Any investor holding on to the stock in my opinion should continue holding because the valuations have become very attractive at this point, around 1.2-1.3 times price-to-book on a FY20-21 basis.”
On Sun Pharmaceutical, Thakkar said, “The problem is that there is no signal on the long term charts except for the fact that it is kind of oversold and that a reversal could happen. I have had targets in the range of Rs 350 to about Rs 320 over here. So, there could be some more pain left, but I think if around those levels if we see the decline stopping and some accumulation happen, then we will go for it. For the time being it is an avoid; just on the watchlist.”
They also spoke at length about UPL and Jet Airways.Follow stock recommendations by Mitessh Thakkar here:
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