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Buy Ajanta Pharma, Andhra Bank; sell GMR Infrastructure, Bharat Financial Inclusion: Mitessh Thakkar

Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Ajanta Pharma and Andhra Bank and can sell GMR Infrastructure and Bharat Financial Inclusion.

November 15, 2017 / 14:46 IST

Mitessh Thakkar of mitesshthakkar.com told CNBC-TV18, "Ajanta Pharma is a buy with a stop loss at Rs 1,218 for target of Rs 1,300."

"Andhra Bank is a buy with a stop loss at Rs 62 for target of Rs 70."

"I have a sell on GMR Infrastructure. Sell with a stop loss just around Rs 17.50 and look for declines to levels below Rs 16."

"Bharat Financial Inclusion appears to be breaking down, so that is a sell with a stop loss at Rs 972 and look for target of Rs 920."

"ICICI Prudential Life has a very similar set up to the Index which is extremely oversold and is now trying to reverse. The reversal happens above Rs 383. So, if that is being crossed today buy with a stop loss at Rs 375 and look for a target of Rs 400," he added.

CNBC-TV18
first published: Nov 15, 2017 02:45 pm

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