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 Escorts, Apollo Hospitals, Bharat Electronics (BEL), and United Spirits.
Talking about stocks, Mitessh Thakkar said, “I have all buy calls. First is a buy on Escorts where the intraday charts are quite positive so keep a stop at Rs 590 look for targets of Rs 630. Apollo Hospitals after a correction and a pullback it has kind of bounced back very strongly. It has broken the upwards swing pivot, so buy with a stop of Rs 1,146 look for targets of Rs 1,200. A similar setup on BEL which I would recommend buying with a stop below Rs 87, look for targets of Rs 95 over here. United Spirits also had a good price and volume breakout on the intraday charts yesterday, so that is buy with a stop of Rs 545 for targets of Rs 595.”
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