Good to invest in Manappuram Fin, Ashok Leyland: Mitessh Thakkar
Good to invest in Manappuram Fin, Ashok Leyland: Mitessh Thakkar
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Mitessh Thakkar of miteshthacker.com said, "First call is a buy on Godrej Consumer. This is a conditional buy, there is an intraday pivot at Rs 999, so if it gets past Rs 1,000, buy then with a stop at Rs 984, look for Rs 1,040 as the next target."

He added, "Manappuram Finance is a buy with a stop of Rs 104 and target of Rs 116. A buy on Ashok Leyland which has given a correction and now taking support around Rs 100-102 mark. Very important support areas, so good levels to buy this, keep a stop at about Rs 100, look for Rs 114 kind of a target."

"Two sell calls, both of them have given some kind of breakdown on the intraday hourly charts. Reliance Infra is a sell with a stop at Rs 516 for target of Rs 485 and Can Fin Homes is a sell as well, keep a stop just above Rs 3,100 and look for a decline to about levels of Rs 2,965-2,960," he added.

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