Buy Jindal Steel & Power, NCC; sell Reliance Naval: Mitessh Thakkar

Mitessh Thakkar of miteshthacker.com is of the view that one can buy Jindal Steel & Power and NCC and sell Reliance Naval.

November 13, 2017 / 14:59 IST

Mitessh Thakkar of miteshthacker.com told CNBC-TV18, "I have a buy on Jindal Steel & Power. I would be buyer if it drops a rupee or so. Buy with a stop loss at about Rs 168 and look for Rs 178 kind of a target."

"One buy call on NCC which is a slightly positional call, keep a stop loss at Rs 101.50 and look for target of around Rs 112-113 on the upside."

"A sell call on Reliance Naval which is continuing its decline, so sell with a stop loss just above Rs 50 and look for Rs 45 kind of a short-term trading target," he added.

first published: Nov 13, 2017 02:56 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347