Mitessh Thakkar recommends; buy India Cements, Bharti Airtel, ICICI Prudential; sell IGL

Mitessh Thakkar of miteshthacker.com today suggest buyers or sellers, "For the time being as long as we don’t break 9,480, there could be chances of a pullback or a bounce back and couple of stocks are showing that as well."

"Solitary sell call which I have is on Indraprastha Gas (IGL) which I would want to sell around Rs 1,040, keep a stop loss at Rs 1,062 and look for Rs 995 kind of target."

"Rest all are buy calls. India Cements after correcting from Rs 220 has come at important pivot support levels. So, expect a bounce back. Buy with a stop loss at Rs 185 and look for a target of Rs 202."

"Bharti Airtel had a strong session yesterday and towards the close we saw some intraday buy signals. So, that is a buy with a stop loss at Rs 372 and target of Rs 390," he said.

"Also I have a buy on Coal India. I think there are couple of things, one is that it is at very important support levels of Rs 240, extremely oversold. So, I would buy this one in the range of about Rs 243-246, keep a stop loss at Rs 237 and look for Rs 256 as the first target."

 

Also Read: 

Sensex hike by 160 pts on reforms, Nifty too go higher by 47.10 points

Gujarat Police arrests gambling gang from Vadodara

Rupee starts positive at 10 paise against dollar

Related News

Join NewsTrack Whatsapp group