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Buy Marico, Cadila Healthcare can head towards Rs 520: Mitessh Thakkar

Mitessh Thakkar of miteshthacker.com is of the view that one can buy Marico while Cadila Healthcare can head towards Rs 520.

May 11, 2017 / 11:40 IST

Mitessh Thakkar of miteshthacker.com told CNBC-TV18, "Balaji Telefilms has done very well this week, up about 12 percent. However, Rs 117-118 is some kind of a supply zone. Chances are that it will eventually clear that head towards Rs 130, possibly even Rs 145. However, for the time being I think wait for Rs 117 to be cleared before making a fresh entry."

"Cadila Healthcare was a buy call for us yesterday. I think that remains strong. I think it is heading towards Rs 520 kind of targets. A buy on Marico, I think that should see some follow up after a good move yesterday," he said.

first published: May 11, 2017 10:23 am

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