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 Bajaj Finance, Vodafone Idea Ltd, Petronet LNG, Asian Paints, Eicher Motors, Hero MotoCorp, Bharat Forge.
Recommending specific stock ideas, Thakkar said, “Bajaj Finance is on the verge of getting past three days intraday swing high of Rs 2,782-2,780 levels. Rs 2,785 is what I have kept as the trigger. Buy above that and keep a stop at Rs 2,764 and look for Rs 2,840 as your target. Buy Vodafone Idea. It needs to get past Rs 33. Above Rs 33 buy with a stop at Rs 32.50 and look for targets close to about Rs 35. Petronet LNG I have been recommending the stock earlier as well. I think the medium term charts are very positive here. Begin with a stop at Rs 228 and look for a first target of Rs 245. One sell call that is on Asian Paints. Sell with a very tight stop at Rs 1,392 and look for declines to levels of Rs 1,355.”
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