Stock market guru Mitessh Thakkar of mitesshthakkar.com shared his views on market movement and stocks, including Bajaj Finance and Vodafone Idea, among others in an interview with CNBC-TV18.
Thakkar said: “The stock which I would recommend buying would be Bajaj Finance. I think the intraday charts have turned quite positive. However, I want to use the dip to buy into this one. So, 3,990-3,995 is the entry point, keep a stop loss of Rs 3,950 and Rs 4,085 should be the first target on the upside.”
He added: “Vodafone Idea, I think multiple crossovers happening on the last two days on the indicator charts. So, this could head towards Rs 6.5 and if it crosses that, even Rs 7.5 could happen. That is a buy with a stop at Rs 5.5.”
Mahindra and Mahindra (M&M) is a buy as well, said Thakkar. “Buy around Rs 570-572, keep a stop at Rs 560, and look for targets of Rs 593,” he said.
On the sell side, he said: “Torrent Pharma is a sell call. The chart structure is slightly turning negative. So, it can be sold with a stop at Rs 1,681 for targets of Rs 1,625.”
Follow stock recommendations by Mitessh Thakkar here.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.\