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HomeNewsBusinessBuy BEL, IndusInd Bank, Delta Corp, Den Networks; sell Tata Power: Mitessh Thakkar

Buy BEL, IndusInd Bank, Delta Corp, Den Networks; sell Tata Power: Mitessh Thakkar

Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy BEL, IndusInd Bank, Delta Corp and Den Networks and sell Tata Power.

August 24, 2017 / 14:31 IST

Mitessh Thakkar of mitesshthakkar.com told CNBC-TV18,"First buy is on BEL, which is more of a conditional buy. I want to see this stock get past levels of Rs 185-186 and then buy with a stop loss of Rs 181, look for target of Rs 198."

"The other F&O stock is IndusInd Bank, which had a good intraday charts. So, that is a buy with a stop loss of Rs 1,643 for target of Rs 1,695."

"Delta Corp is something which I have been positive for the last few days. It continues to move up and gave a fresh breakout yesterday. So, now it is a buy with a stop loss of Rs 174 for target of Rs 200," he said.

"Den Networks had a very strong price and volume action yesterday. That is a buy with a stop loss of Rs 85 for target of Rs 100."

"Sell Tata Power with a stop loss just above Rs 80.50 for target of around Rs 74," he added.

first published: Aug 24, 2017 09:54 am

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