Moneycontrol PRO
HomeNewsBusinessBuy Tata Motors, sell Dabur India below Rs 270: Mitessh Thakkar

Buy Tata Motors, sell Dabur India below Rs 270: Mitessh Thakkar

Mitessh Thakkar of mitesshthakkar.com suggests buying Tata Motors and advises selling Dabur India if the stock breaks below Rs 270.

May 24, 2017 / 12:49 IST

Mitessh Thakkar of mitesshthakkar.com told CNBC-TV18, "I have two calls. One of them is Tata Motors. That is one of the result reaction. Big gap up; that is a buy with a stop loss at Rs 457 and look for target of Rs 480."

"Dabur India looks slightly negative. I think I would want to sell this one if it starts breaking below Rs 270 - that being the key pivot support. So, if it breaks Rs 270, take a short position with a stop loss at Rs 275 and look for target close to about Rs 260," he said.

first published: May 24, 2017 12:28 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347