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 ITC, Hero Motocorp, L&T Finance Holdings, Siemens
“ITC clearly the news flow is positive the candlestick pattern is quite positive, the indicator set up is positive. So it come on the buy list. Buy with a very tight stop at Rs 279.90 Rs 289.50-290 should be a first target. Though I suspect Rs 295 could also happen here. Hero Motocorp again from the support areas of Rs 2,600 gave a very strong and a bullish candlestick pattern. It is a buy with a stop at Rs 2,767 for targets close to Rs 2,865. I also have a buy on L&T Finance Holdings where the indicator set up is positive so keep a stop at Rs 132.50 look for targets of Rs 143. Siemens buy with a stop at Rs 1,009 for targets of Rs 1,072."
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