The latest analysis and commentary by stock market guru Mitessh Thakkar on what is moving the markets today.
He shared his views and readings on Container Corporation (CONCOR), CESC, DCB Bank, JSW Steel, HCC, Yes Bank, Wockhardt, Indraprastha Gas.
On stock specific recommendations, Thakkar said, “I have three buys to a sell. CESC is a sell. The overall pattern is slightly turning negative. So sell with a stop of Rs 680.50 and look for targets of Rs 645. Container Corporation I have discussed the stock yesterday as well, but a fresh entry could be made now. Keep a stop at Rs 674 and look for Rs 720 as your target. DCB Bank there is some continuation pattern on the upside. So that is a buy with a stop at Rs 166.50 for target of Rs 175. Good intraday charts on JSW Steel. In fact the entire metal pack did fire a lot of buy signals on the intraday charts yesterday. So I picked up JSW Steel today. It is a buy with a stop at Rs 301 for targets of Rs 318.”
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