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 Indiabulls Housing Finance, DLF, Indraprastha Gas Ltd (IGL) and Hindustan Unilever Ltd (HUL).
“I have Indiabulls Housing Finance in my list. That is a buy with a stop of Rs 715 for targets of Rs 765. DLF could see some continuation, so buy with a stop of Rs 195, look for targets of Rs 208. Similar pattern happening on the charts of IGL which I would recommend buying with a stop at Rs 299 for targets of Rs 318 and HUL is a solitary sell call, it is continuously trading below the pivot levels of Rs 1,700, so keep a stop above that, Rs 1701.50 is what I would recommend and look for Rs 1,660 as the first target,” he said.
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