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 Bharat Forge, NMDC, Quess Corp, United Breweries Ltd (UBL), ICICI Prudential, DCB Bank, Petronet LNG, ACC, Can Fin Homes.
“I have a mix of buy and sell calls. Bharat Forge has given a good breakout above swing pivot levels. So keep a stop at Rs 498 and look for targets of Rs 522. NMDC is something which the structure is improved drastically in the last few days but needs to get past Rs 98 levels. So buy above Rs 98, keep a stop at Rs 96.50 and look for first target of Rs 102. Also, buy on a cash stock i.e. Quess Corp with a stop at Rs 680. Recommend to buy this one for target of Rs 730. I have one sell call on United Breweries where indicator setup is turning weak. So keep a stop at Rs 1,351 and look for targets close to about Rs 1,300,” he said.
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