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Buy Mahindra & Mahindra, DLF, GIC Housing Finance: Mitessh Thakkar

Mitessh Thakkar of miteshthacker.com recommends buying Mahindra and Mahindra, DLF and GIC Housing Finance.

June 12, 2017 / 11:45 IST

Mitessh Thakkar of miteshthacker.com told CNBC-TV18, "Hindustan Zinc from the metal side still looks interesting, metals in the last two-three days have gained good traction, so it is something I want to trade. Mahindra and Mahindra in the auto names remain positive and I would want to trade long there as well. I think Dr Reddy’s Labs from the pharma side and pharma stocks have seen some pullback on the overbought levels into recent days."

"DLF is showing good continuation pattern, buy this with a stop losss at Rs 181, look for target of around Rs 195 to Rs 198. Amongst the housing pack, GIC Housing Finance has slightly come off the day’s high but I would be comfortable buying right now with a stop loss at Rs 574 for target close to about Rs 625-630," he added.

first published: Jun 12, 2017 11:16 am

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