NIFTY 50

Mitessh Thakkar on January 22: Buy ITC, Kotak Mahindra Bank & sell ACC, Maruti Suzuki

Updated : January 22, 2019 10:30 AM IST

The latest analysis and commentary by stock market guru Mitessh Thakkar on what is moving the markets today.

He also spoke at length on ACC, ITC, Kotak Mahindra Bank, Maruti Suzuki.

“I have two buy and two sell. Kotak Mahindra Bank is a buy with a stop at Rs 1,253 look for targets of around Rs 1,296. The other buy is on ITC which has given a pullback to its short-term support area so keep a stop at Rs 285.50 look for targets of Rs 300. I have two sell calls one of them is ACC which can be sold with a stop at Rs 1,450 target for targets of Rs 1,385. Maruti Suzuki is a conditional sell. If it breaks this Rs 7,190 zone and trade just around those levels sell with a stop at Rs 7,230 for targets of Rs 7,010.”

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