Buy & Sell Suggestions by Mitessh Thakkar
Buy & Sell Suggestions by Mitessh Thakkar
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Mitessh Thakkar of miteshthacker.com said, "On the buy side, I have three calls. The first is Bajaj Finance, that was a buy yesterday as well. Clearly, the stock continues to show outperformance and makes higher highs. Now it can be bought afresh with a stop loss at Rs 1,377, look for target close to about Rs 1,445. I also have a buy on Voltas, which after a few days of consolidation is possibly giving continuation signal. So buy with a stop loss at Rs 484, look for Rs 515 kind of target."

"One midcap name that is Delta Corp had a good bullish breakout yesterday, buy with a stop loss at Rs 160 for target of Rs 180," he added.

"Two sell calls, Bata India has broken down on the hourly charts, so that is a mild sell with a stop loss at Rs 549 and look for target close to Rs 520. In PTC India, again some intraday sell signals are there as well, so sell with a stop loss at Rs 96.50 and look for declines till about levels of Rs 89," he said.

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