Failed to connect to MySQL: Too many connections Buy ACC, Infosys, Reliance Capital, TVS Motor; sell Apollo Hospitals: Mitesh Thacker - Moneycontrol.com

Buy ACC, Infosys, TVS Motor; sell Apollo Hospitals: Thacker

Mitesh Thacker of miteshthacker.com is of the view that one can buy ACC, Infosys, Reliance Capital and TVS Motor and sell Apollo Hospitals.
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Dec 01, 2016, 09.46 AM | Source: CNBC-TV18

Buy ACC, Infosys, TVS Motor; sell Apollo Hospitals: Thacker

Mitesh Thacker of miteshthacker.com is of the view that one can buy ACC, Infosys, Reliance Capital and TVS Motor and sell Apollo Hospitals.

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Buy ACC, Infosys, TVS Motor; sell Apollo Hospitals: Thacker

Mitesh Thacker of miteshthacker.com is of the view that one can buy ACC, Infosys, Reliance Capital and TVS Motor and sell Apollo Hospitals.

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, miteshthacker.com |

Mitesh Thacker of miteshthacker.com told CNBC-TV18, "I have been recommending buys on UltraTech Cement earlier, I think ACC is something which I like from a trading perspective with a short-term buy. I am recommending a buy with a stop loss at Rs 1,323 for targets of Rs 1,380."

"The buys are on  Infosys , we did see some kind of bounce back from IT couple of days back and have seen about 3-4 days of consolidation. Most of these stocks have completed a pullback to intraday averages, so Infosys is what I have selected as a buy with a stop loss at Rs 960 for targets of Rs 1,010," he said.

"Amongst the high beta names, Reliance Capital which has finally started sustaining above the 200-day average could be an interesting bet, so buy with a stop loss at Rs 431 and look for targets of Rs 455."

"In auto, I have picked up TVS Motor with a stop loss at Rs 367 for targets of around Rs 390. I also have one sell call on Apollo Hospitals which did break down on intraday charts yesterday. So, I would sell this one with a stop loss at Rs 1,214 for targets of Rs 1,160."
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Buy ACC, Infosys, TVS Motor; sell Apollo Hospitals: Thacker

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