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Buy Edelweiss Financial Services, says Mitessh Thakkar

Mitessh Thakkar of miteshthacker.com recommends buying Edelweiss Financial Services for target of Rs 225.

June 16, 2017 / 16:48 IST

Mitessh Thakkar of miteshthacker.com told CNBC-TV18, "Edelweiss Financial is something which we have had recommended a couple of times. So, I think I would even suggest right now to buy afresh with a stop at Rs 202, look for target of Rs 225."

"Apart from that, I would wait for most of the other stocks like Motilal Oswal Financial to come down a bit. The one which does interest me is JM Financial. I think it is breaking down. If it continues and starts trading below levels of Rs 117, then I would even suggest if somebody has been long, take profits and wait for the correction to play out. The level of Rs 117 is the immediate support below which the trend could turn negative," he added.

first published: Jun 16, 2017 04:31 pm

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