NIFTY 50

Mitessh Thakkar on January 11: Buy Arvind, MCX India, MFSL & sell Mindtree

Updated : January 11, 2019 10:35 AM 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 Arvind, Multi Commodity Exchange of India (MCX India), Max Financial Services Ltd (MFSL), Mindtree, HCL Technologies, Tata Elxsi.

Talking about his recommendations he said, " I have three buys in midcaps. Arvind the intraday chart after a good decline are showing reversals so buy with a stop above Rs 96.70 and look for target of Rs 103. MCX there is some good positive expansion happening on the indicator chart could enjoy good momentum on the upside. Recommend a buy with a stop at Rs 738.50 and targets of Rs 775. There is some kind of upward continuation on the charts of Max Financial Services (MFSL) that is a buy with a stop at Rs 446 targets of Rs 481, I have one sell call that is on Mindtree, sell with a stop at R 826 and look for targets at around Rs 785.”

Follow stock recommendations by Mitessh Thakkar here: https://www.cnbctv18.com/author/mitessh-thakkar-111/

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.
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV