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 Glenmark Pharma, Jubilant Foodworks, SRF, Amara Raja Batteries, Petronet LNG, Biocon, Reliance Capital, Interglobe Aviation.
Talking about stocks, he said, "Glenmark is a sell with a stop at Rs 652 and look for declines close to Rs 630 zones. The second sell is Amara Raja Batteries where the indicator setup has turned negative. So sell with a stop at Rs 728, Rs 690 or thereabout should be the target. Jubilant Foodworks, there is continuation signals on the upside. So any 4-6 point dip if you get with a gap down, then buy with a stop at Rs 1,404 and look for targets of Rs 1,465. SRF is a buy as well. Buy with a stop at Rs 2,420 for target of Rs 2,525."
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