HomeNewsBusinessBuy ICICI Bank, PTC India, Greaves Cotton, Kalpataru Power; sell Strides Shasun: Mitessh Thakkar

Buy ICICI Bank, PTC India, Greaves Cotton, Kalpataru Power; sell Strides Shasun: Mitessh Thakkar

Mitessh Thakkar of miteshthacker.com suggests buying ICICI Bank, PTC India, Greaves Cotton and Kalpataru Power and advises selling Strides Shasun.

March 30, 2017 / 09:38 IST
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Mitessh Thakkar of miteshthacker.com told CNBC-TV18, "I do have ICICI Bank as a short-term trading recommendation. Some intraday charts yesterday were very positive. So buy this one with a stop loss at Rs 275, look for Rs 295 as the target. I have also been positive on PTC India for the last few days, so that is a buy with a stop loss below Rs 87.25 and Rs 95-95.50 thereabouts could be a short-term target."

"Solitary sell call is on Strides Shasun. That is a sell with a stop loss at Rs 1,140-1,141 and I would look for target close to about Rs 1,070," he said.

"I have buys on two midcap cash stocks, Greaves Cotton is a buy with a stop loss at Rs 164 for target of Rs 185 and Kalpataru Power which had a very big breakout with pricing volume action yesterday. That is a buy at current level or on any marginal dips of Rs 4-5, add there, keep a stop loss at Rs 290 and look for a slightly positional target of Rs 350."

first published: Mar 30, 2017 09:31 am

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