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Buy Tata Global Beverage, Amara Raja Batteries: Mitessh Thakkar

Mitessh Thakkar of miteshthacker.com recommends buying Tata Global Beverage and Amara Raja Batteries.

May 02, 2017 / 11:37 IST

Mitessh Thakkar of miteshthacker.com told CNBC-TV18, "In Maruti Suzuki, this kind of gap-ups typically see a good follow-up buying happening. So I think Maruti will give an intraday dip of around 40-50 points, I would want to see some kind of an hourly low being made over there and then we can see continuation happening on the upside."

"Tata Global Beverage had a good pre-open session and now we are seeing some kind of follow-up coming over here. That is a buy with a stop loss at Rs 154, try to buy it around Rs 158 and look for a target of around Rs 166. The other one which I like is Amara Raja Batteries, that is after a long time showing some signs of reversal. So, buy with a stop loss at Rs 883 for target of around Rs 930-935," he said.

first published: May 2, 2017 11:31 am

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