Thacker expects 8-12% upside in fertiliser, tea stocks

Published on Fri, Nov 06, 2009 at 17:21 |  Source : CNBC-TV18

Updated at Fri, Nov 06, 2009 at 18:04  

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Mitesh Thacker, Technical Analyst

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Technical Analyst, Mitesh Thacker of miteshthacker.com is of the view that fertiliser and tea stocks would do well and probably could slightly outperform the market for the next few days.  Analyst expects around 8-12% upside in these stocks.

Thacker told CNBC-TV18, "Fertilisers and tea stocks have been buzzing from the start of the day. I think all are looking good and they have bounced back well with the market and not only have they done that but they have also triggered some kind of a short-term uptrend. So these fertiliser and tea stocks would do well and probably could slightly outperform the market for the next few days. I expect around 8-12% upside in these stocks."

  

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