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    HomeNewsBusinessBuy RBL Bank, short HCL Technologies: Mitessh Thakkar

    Buy RBL Bank, short HCL Technologies: Mitessh Thakkar

    Mitessh Thakkar of miteshthacker.com is of the view that one can buy RBL Bank while one can short HCL Technologies.

    August 29, 2017 / 11:53 IST

    Mitessh Thakkar of miteshthacker.com told CNBC-TV18, "RBL Bank is something which is showing early morning promise, that could be a buy trade and on the upside. If Lupin starts getting past those levels of Rs 1,005-1,010 then this stock can head towards Rs 1,050-1,060 on the upside."

    "HCL Technologies can be shorted with a stop loss at Rs 870. It has fallen a bit, try to sell it around Rs 860 with a stop loss at Rs 870 for a first target of around Rs 840 to Rs 835."

    "I have a buy on RBL Bank. It has come off the highs but I think the overall price movement is still quite positive. So, keeping a stop loss at Rs 515, I recommend a buy for target of Rs 565,"  he said.

    first published: Aug 29, 2017 11:53 am

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