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Buy Ashok Leyland, MMTC: Mitessh Thakkar

Mitessh Thakkar of miteshthacker.com recommends buying Ashok Leyland and MMTC.

June 08, 2017 / 16:56 IST
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Mitessh Thakkar of miteshthacker.com told CNBC-TV18, "Ashok Leyland is a buy above with a stop loss below Rs 93.8o and target of Rs 98."

"MMTC is also a buy with a stop loss of Rs 61.50 and target of Rs 69," he said.

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"MRF has given a fresh breakout above that Rs 69,500 mark. So keeping a stop loss just below Rs 70,000, I would still be inclined to hold this. My sense is that we are looking at Rs 75,000-76,000 kind of range being tested."

first published: Jun 8, 2017 03:29 pm

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