Buy Amara Raja Batteries, Godrej Industries may test Rs 595: Mitessh Thakkar

Mitessh Thakkar of miteshthacker.com told CNBC-TV18, "I was looking at Godrej Industries and I have also observed Amara Raja Batteries. I think that has been a recommendation two or three times last week as well. That is clearly showing signs of an uptrend which could possibly extend for a number of weeks to come by. So, I would be a buyer there with a stop at about Rs 910 and looking for Rs 970 as kind of first target."

"Godrej Industries is making a fresh swing high. If you want to trade it with a very strict stop loss, just keep a stop loss below Rs 569 and look for target close to about Rs 595," he said.