The latest analysis and commentary by stock market guru Mitessh Thakkar on what is moving the markets today. Check out his top stock recommendations.
He spoke at length about CG Power and Industrial Solutions, Bosch, Bharat Forge and Godrej Industries.
“I have a mix of buy calls and sell calls. For me Bharat Forge – I think the intraday charts have turned negative, so can be sold with a stop of Rs 511 for targets of Rs 480. The other sell call is in Godrej Industries, similar set up, take a stop at about Rs 532, look for targets of Rs 505. Two buy calls, CG Power had a very good pricing volume action, and any 30-40 paisa dip would be an excellent buying opportunity. Keep a stop below Rs 41.25, look for a Rs 47 kind of a target which might take four-five days to reach and Bosch is something, which is turning positive on indicator set up basis, that is a buy with a stop at Rs 19,500 look for a first target of Rs 20,600,” he said.
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