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Mitessh Thakkar on December 4: Buy India Cement, Lupin, & DCB Bank; Sell Glenmark

Updated : December 04, 2018 11:26:57 IST

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 Hindustan Unilever, India Cement, Lupin, DCB Bank, Glenmark, Tata Power, Yes Bank, Indiabulls Housing Finance, Capital First, ONGC, Bajaj Finance, Edelweiss, Hexaware, KPIT Technologies.

Speaking about individual stock ideas, Thakkar said, “India Cement was a buy yesterday as well and now can be bought with a stop at Rs 95, and look for targets of Rs 103. Lupin is a buy. The indicator setup is positive. Keep a stop at Rs 882 and look for targets of Rs 945. Also a buy on DCB Bank where the intraday charts are quite positive. So, keep a stop at Rs 157.50 and look for targets of Rs 169. The solitary sell call is Glenmark which has had a very negative price movement yesterday. So on a mild bounce to about Rs 626 it can be sold. Keep a stop at Rs 638 and look for targets of Rs 601.”

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.
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