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Buy Eveready Industries, NBCC, Colgate Palmolive, Godrej Consumer Products: Mitessh Thakkar

Mitessh Thakkar of miteshthacker.com recommends buying Eveready Industries, NBCC, Colgate Palmolive and Godrej Consumer Products.

April 21, 2017 / 11:25 IST

Mitessh Thakkar of miteshthacker.com told CNBC-TV18, "Midcap space is more active and apart from sugar and fertiliser which we have had a call upon, I think Eveready Industries and NBCC's patterns are looking very good. NBCC has gone into a very strong kind of an upmove with two gaps yesterday as well as today and it is heading towards targets of around Rs 220. So, buy this one with a stop loss below Rs 188 or so. The other one is Eveready, it has made a fresh high, that is also showing signs of continuation of uptrend. So, buy with a stop loss below Rs 297 and look for Rs 325 as the target."

"I have two buy calls and both from the FMCG side - Colgate Palmolive appears to have gone through a pullback and is now again restarting the upmove. So that is a buy with a stop loss of Rs 996, look for target of around Rs 1,050. Godrej Consumer Products is a buy as well. Keep a stop loss below Rs 1,672 and look for target close to about Rs 1,755-1,760 on the upside," he said.

first published: Apr 21, 2017 11:19 am

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