Moneycontrol
Dec 02, 2016 11:01 AM IST | Source: CNBC-TV18

Buy Infosys above Rs 985, sell DCB Bank: Mitesh Thacker

Mitesh Thacker of miteshthacker.com is of the view that one can buy Infosys above Rs 985 and sell DCB Bank.

Mitesh Thacker of miteshthacker.com told CNBC-TV18, "I have a buy on Infosys, which I would want to buy only if starts getting past Rs 985 with a stop loss at Rs 970 for targets of Rs 1,015. Dr Reddy's Laboratories (DRL) is a buy with a stop loss at Rs 3,200, look for targets of Rs 3,330."

"Amongst the midcap names, HCC had a very strong pricing volume action yesterday, it was up 20 percent. In case you get it today, it is a good buy with a stop loss at Rs 39.40 or just below it and look for targets around Rs 47.50," he said.

"DCB Bank is a sell with a stop loss at Rs 111 and look for targets of Rs 103."

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