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Last Updated : Jul 27, 2017 12:06 PM IST | Source: CNBC-TV18

Buy L&T Finance, KPIT Technologies, Eicher Motors, Bharat Financial: Mitessh Thakkar

Mitessh Thakkar of miteshthacker.com suggests buying L&T Finance Holdings, KPIT Technologies, Eicher Motors and Bharat Financial Inclusion.

Mitessh Thakkar of miteshthacker.com told CNBC-TV18, "L&T Finance Holdings is good for investors and also good for traders. The stock continues to show momentum and even now, I would be possibly comfortable opening a long position over here. Keep a stop loss just below levels of around Rs 155 and look for targets close to about Rs 175."

"KPIT Technologies has been more of a sideways chart and it has had its own fluctuation within that but overall if it can possibly start getting past levels of Rs 128-129, it could head towards Rs 137-140. It is trading broadly in the range of about Rs 140 to about Rs 115-110 on the downside."

"Eicher Motors is showing good continuation and I would possibly believe that today could be a day when the stock could be slightly stronger. So keep a stop below today’s low and look for Rs 30,000 kind of a target," he said.

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"Bharat Financial Inclusion is something also which is possibly giving a good breakout from its falling trend line, so again keeping a stop below today’s low, I would buy that for targets of around Rs 840."

"IGL is a buy with a stop of Rs 1,142 for target of Rs 1,200 and Raymond is a conditional buy, I would want to see the stock get past levels of Rs 816 and then buy with a stop at about Rs 803 for targets close to about Rs 850."

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First Published on Jul 27, 2017 10:55 am
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